U.S. House of representatives News

Rep. Maxine Waters said U.S. lawmakers are inching closer to reaching an agreement on stablecoin legislation. In an interview with Politico Pro, Waters said on Feb. 7 that negotiators are “very, very close” to reaching an agreement on stablecoin legislation.…

The crypto-friendly U.S. Representative Patrick McHenry has become Speaker pro tempore of the House of Representatives

A new draft bill that provides a stablecoin framework in the United States will see private issuers such as Circle placed under the Federal Reserve (Fed) oversight

New algorithmic stablecoins like TerraUSD Classic (USTC), which depegged from the U.S. dollar early this year and propagated infection over the cryptocurrency world, might be prohibited for two years under a pending bill within the United States House of Reps.…