U.S. Senator Sherrod Brown is open to moving forward with stablecoin legislation

WendyCS

2024-04-17 01:27:08

Odaily Planet Daily News Senator Sherrod Brown, Democrat of Ohio, is a Crypto Assets skeptic who manages the influential Senate Banking Committee and is open to advancing stablecoin legislation. However, Brown said his concerns must be addressed before he fully supports the stablecoin law. Brown’s initial support for moving forward with legislation could be an important sign of its progress. His Democratic Party controls the U.S. Senate, which sets legislative priorities. In the Republican-controlled House of Representatives, retiring Rep. Patrick McHenry recently said he is optimistic that the United States will be able to introduce a new stablecoin law this year.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments