Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing

Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing

Today, the Senate Banking Subcommittee on Digital Assets hosted its first hearing, entitled “Exploring Bipartisan Legislative Frameworks for Digital Assets,” at which certain members of the subcommittee and crypto industry witnesses predominantly discussed stablecoin regulation. Senator Cynthia Lummis (R-WY), a long-time proponent of the Bitcoin and digital asset industry, presided over the hearing with assistance…

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