According to Blockworks, Foresight News reports that U.S. Representative Bryan Steil revealed at a blockchain summit that the STABLE Act is expected to be formally introduced in the U.S. House of Representatives today. Based on the content, the draft bill shares 80% similarity with the GENIUS Act.
U.S. Congressman: The Stablecoin Act is expected to be formally introduced in the U.S. House of Representatives today
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