For years, federalreserve said there's no chance of a digital dollar unless Congress directs it to do so. But RepMaxineWaters has indicated the now-delayed stablecoins bill could be that directive. Watch more on State of Crypto, presented by trondao:
The legislation that could establish U.S. regulations for stablecoins has formally been delayed until after the August congressional break, according to Rep.
Maxine Waters , the chairwoman of the House Financial Services Committee. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the latest timeline for the bill.
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