I introduced the Financial Technology Protection Act, a bipartisan bill to stop terrorist financing and money laundering online. This bill safeguards our national security while protecting innovation by cracking down on criminals exploiting digital assets. https://t.co/IBEaijxsob
Everyone’s hyping OCC Letter 1183 like it’s a DeFi greenlight. It’s not. But it is a signal—and if you’re building in Web3, you should pay attention. 🧵👇 https://t.co/TvZXWu1fGm
A comprehensive comparison of the key differences between the Senate and House stablecoin bills, except for two small errors: The STABLE Act sets the primary regulator as the @USOCC, not the @federalreserve and the GENIUS Act also bans yield bearing stables. Committee markup https://t.co/ujlSo1IZOY

U.S. lawmakers are advancing legislation to regulate stablecoins and clarify the regulatory framework for digital assets. On March 27, Representatives Bryan Steil and French Hill introduced the STABLE Act, which aims to establish a formal framework for the issuance and operation of dollar-denominated payment stablecoins. This follows the reintroduction of the Securities Clarity Act by Representatives Tom Emmer and Darren Soto, which seeks to differentiate between crypto securities and commodities. These legislative efforts are part of a broader initiative to fulfill commitments made during the Trump administration regarding the crypto industry. Additionally, discussions are ongoing regarding compliance measures for issuers, with Emmer indicating potential revisions to exempt them from the Bank Secrecy Act. The House Financial Services Committee is set to hold a markup session for the STABLE Act on March 29, while the Senate's GENIUS Act, which also addresses stablecoin regulation, is awaiting floor time after passing out of committee on March 13.








