The US Senate Banking Committee has taken the first step towards decisive approval of a bill regulating US stubcoins
As planned, at this session held on March 13th, the committee He gave the green light Laws relating to the orientation and establishment of US coins.
With 18 up votes and six votes, the committee took the first step to ensure its efforts as Stubcoin arrived at President Donald Trump’s desk as it has its own regulations in the United States. Before this, Another test must pass in a full Senate session Faced with debate in the House of Representatives.
While some obstacles continue, including the possibility of a fusion of different bills each camera has, all show that the project presented by Republican Sen. Bill Hagerty will likely arrive with realisation this year.
In that sense, the majority of Democrats who make up the committee They recognized the need for the bill, They said a series of revisions had been made.
Their aim was to add regulatory control and restrictions on stable currencies, but their proposal was They were rejected by partisan votes.
He highlighted most among the senators who rejected Elizabeth Warren, the panel’s biggest rank, and the panel’s most rank, which is the well-known opposition to cryptocurrency, most ranked Elizabeth Warren, during Joe Biden’s mission.
She said that Warren questioned the bill because Stubcoin represents “a clear threat to national security” in its current form.
The senator felt annoyed throughout the nearly three-hour audience as he noticed the proposal for the amendment. They faced rejection.
“It would be crazy to boost this bill when there are so many lagoons where this bill is being presented, and then do that when news jumps to create his own stubcoin at a company known for violating the law,” the lawmaker added.
This made him point out the news that he went viral when the committee session passed. Binance is in negotiations with the Trump family. The fact that it was rejected by the founder of the exchange, as reported by Cryptonotics.
«There’s no point while Trump imposing this while negotiating with the crime stubcoin platform. He will regret it with the support of another democratic senator, Katherine Cortez Masto, who considered Republicans,” he argued. They ignored the reviews.
Meanwhile, Republican senators said the project It was positive and necessaryrecall that this proposal was subject to bipartisan consultations. “We’ve worked day and night to achieve that, even on weekends,” said Tim Scott, Republican of South Carolina. It governs the Banking Committee.
He said the introduction of the genius bill before the committee was copatroqueted by him, along with Republican Cynthia Ramis. They worked With Democrats Kirsten Gillibrand Y Angela notbrooks.
The proposal “shows common sense norms that protect consumers, promote competition and encourage innovation,” and its main defender Bill Hagerty added, “It’s time to provide the clarity and stability that our country and its innovators need with such urgency.”
This way, with the approval of most of the Banking Committee, the project is ready. Proceed to the approval phase.
(tagstotranslate)US
