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Stablecoin Legislation Unlikely To Be Tacked To FAA Reauthorization, Democratic Aide Reveals

May 1, 2024

Proposed stablecoin legislation is unlikely to be tacked onto the must-pass Federal Aviation Administration’s (FAA) reauthorization bill despite attempts by Representatives Maxine Waters and Patrick McHenry, a Democratic aide on Capitol Hill revealed Tuesday. Stablecoin Legislation Merger With FAA Reauthorization Unlikely Speaking with CoinDesk, the anonymous staffer claimed that leaders in both the Senate and…
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Will A Stablecoin Bill Really Be Passed Before The U.S. Presidential Election? The DGC Policy Officer Cody Carbone Weighs In

April 25, 2024

Between Representatives Cynthia Lummis and Kirsten Gillibrand’s new stablecoin bill and Congresswoman Maxine Waters’ renewed optimism in stablecoin legislation, will a new law regulating the cryptocurrencies be enacted anytime soon? Cody Carbone, Chief Policy Officer at The Digital Chamber, said last week that he would only give the odds of any stablecoin legislation passing before…
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Senator Tim Scott Calls Crypto A “Scapegoat” For Illicit Finance Concerns in Crucial Remarks During Crypto Hearing

April 10, 2024

Senator Tim Scott (R-SC) called cryptocurrencies a “scapegoat” for the federal government’s concerns about illicit finance, according to his testimony from a Tuesday crypto hearing held by the United States Senate Committee on Banking, Housing, and Urban Affairs. During the hearing focused on countering illicit finance, terrorism, and sanctions evasions, Deputy Secretary of the Department…
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