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House’s Stablecoin Bill May Face Fatal Delays for 2022 Progress

Internal plans to release a draft by this week were put off as the factions remain too far apart in negotiations, sources say.

Updated May 11, 2023, 3:38 p.m. Published Sep 2, 2022, 6:38 p.m.
The congressional effort to erect U.S. guardrails around stablecoins has encountered further delays.  (Jesse Hamilton/CoinDesk)
The congressional effort to erect U.S. guardrails around stablecoins has encountered further delays. (Jesse Hamilton/CoinDesk)