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The U.S. House Financial Services Committee voted to pass the stablecoin regulation bill.
Sina Finance
2025-4-311:21 Sina Finance Official Account
Source: Market Information
The U.S. House Financial Services Committee voted on Wednesday to pass a significant bill regulating stablecoins. The bill, titled "Stablecoin Transparency and Accountability for a Better Ledger Economy" (abbreviated as STABLE), was approved by the committee with a vote of 32 in favor and 17 against. The bill will create a framework for dollar-pegged stablecoins. It establishes reserve and capital requirements, including one-to-one reserve backing and anti-money laundering standards. (TheBlock)
(Transferred from: Wu Says)