House and Senate race to approve stablecoin legislation as interest rises

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– U.S. House Representative Maxine Waters , ranking member of the House Financial Services Committee, said that lawmakers are making progress on passing stablecoin legislation and that the final version of the stablecoin bill could be ready soon. with Bloomberg on Wednesday, saying that she had been working “very well together” with committee chair Patrick McHenry and other lawmakers in the U.S. Senate on the stablecoin legislation.“It’s been very complicated,” Waters said.

is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market. Since that time, Jordan has worked as a content creator for multiple projects and as a crypto news journalist reporting on the latest developments within the cryptocurrency market.

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