Coin Desk Daily host Jennifer Sanasie dives into today’s hottest stories in crypto as Base Coinbase’s layer 2 blockchain officially opens to the public Rep Maxine Waters D Calif vocalizes her concerns about the launch of Pay Pal’s stablecoin And a new crypto show aims to capture mainstream attention by taking inspiration from popular TV [...]
A long-awaited stablecoin bill graduated from a House committee in a Republican push, leaving the chair of the House Financial Services Committee lamenting that a bipartisan deal was strangled by the White House.
Federal Reserve Chair Jerome Powell testified in the House Financial Services Committee, saying Fed staff has been in talks with lawmakers on crypto legislation that is expected to be marked up in July.
The House Financial Services Committee has released this year’s third draft of a stablecoin bill, meant to combine ideas from both parties in advance of a hearing next week.
Sen. Pat Toomey introduced a bill in the final days of the congressional session that he said he hopes will act as a guide for stablecoin legislation next year.