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coinpedia 2023-08-07 17:05:27

McHenry’s Call for Stablecoin Regulation Gains Momentum Amid PayPal’s Entry

The post McHenry’s Call for Stablecoin Regulation Gains Momentum Amid PayPal’s Entry appeared first on Coinpedia Fintech News Last month, the bipartisan approval of the Clarity for Payment Stablecoins Act, H.R. 4766, marked a significant stride in U.S. cryptocurrency regulation. However, the bill’s subsequent stall in Congress disappointed U.S. Representative Patrick McHenry (R-N.C.), who has been advocating for stablecoin legislation even before assuming control of the House financial services committee. Recent developments, such …

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