CoinVoice has recently learned that, according to The Block, U.S. Congressman French Hill stated that the House has enough votes to pass the "GENIUS Stablecoin Act," the "Digital Asset Market Clarification Act," and the bill to restrict the Federal Reserve from issuing CBDCs. These three bills will establish a regulatory framework for digital assets, including core elements such as stablecoin reserve requirements and institutional regulatory divisions.

Former President Trump previously expressed support for the "GENIUS Act," which requires stablecoin issuers to maintain full reserves and implement annual audits for large issuers. The market structure bill aims to clarify the regulatory responsibilities of the SEC and CFTC regarding cryptocurrencies. [Original link]