House Democrats and Republicans are seemingly divided on how to regulate stablecoins but are finding consensus that some form of legislation is needed. House Financial Services Committee Chair Patrick McHenry, R-N.C., and former chair of that committee Rep. Maxine Waters, D-Calif., worked together on a bill last year, but ahead of a hearing on Thursday, two stablecoin bills had emerged. ... Read More: Lawmakers Reveal Differences on Stablecoin Bills in House Hearing — Will They Find Consensus?
