## Stablecoin Regulation Faces Hurdles: House Seeks Senate Agreement U.S. House Financial Services Committee Chairman French Hill highlighted ongoing efforts to reconcile differing approaches to stablecoin regulation between the House and Senate. Key discrepancies remain regarding extraterritoriality, supervisory authority allocation, and the separation of banking and commerce, particularly concerning corporate stablecoin issuance. Hill emphasized the urgency to meet President Trump's requested deadline, but stressed the need for collaboration to find common ground. Three strategies are under consideration: passing the Senate bill as is, amending it for Senate resubmission, or promoting a comprehensive bill integrating the GENIUS Act and the Digital Asset Market Clarity Act. Successfully navigating these challenges is crucial for establishing a clear and consistent regulatory framework for stablecoins, fostering innovation while mitigating potential risks within the digital asset ecosystem. Further updates will follow as negotiations progress. ```