#USStablecoinBill Crypto Regulation and Policy

• US: Stablecoin Bill Stalled in Senate

A bill aimed at regulating stablecoins at the federal level has stalled after nine Democratic senators withdrew their support. They are concerned that the bill does not sufficiently address the risks of money laundering and the stability of the financial system.

• UK: First Crypto Regulation Plan

The UK government has announced a draft bill to regulate crypto exchanges and dealers, focusing on transparency and consumer protection. The rules are expected to be completed by the end of 2025.