US FSC chairman eyes regulatory clarity for crypto, stablecoin ecosystems

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US FSC chairman eyes regulatory clarity for crypto, stablecoin ecosystems
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🇺🇸👀: A discussion on bringing regulatory clarity for crypto is slated for this Wednesday.

Representative Patrick McHenry, the chairman of the House Financial Services Committee , announced the markup of legislation aimed at providing regulatory clarity for the digital asset ecosystem.

The committee will meet on July 26 to markup H.R. 4763, the Financial Innovation and Technology for the 21st Century Act; H.R. 4766, the Clarity for Payment Stablecoins Act of 2023; and H.R. 1747, the Blockchain Regulatory Certainty Act — among others.on clarity for stablecoin payments was introduced by McHenry, which aims to bring regulatory clarity for the issuance of stablecoins designed to be used for payment.in the memorandum issued on July 21, H.R.

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