Policymakers in the U.S. have hit an impasse over an agreement to create a comprehensive framework for payment stablecoins.
Talks over legislation to create a comprehensive U.S. framework for payment stablecoins have stalled, at least temporarily, with Republicans blaming the White House for the impasse.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Negotiations over a comprehensive framework for payment stablecoins in the U.S. have stalled, House Financial Services Chair Patrick McHenry announced Thursday morning.
“Unfortunately there was a third party in this negotiation that did not share the same sense of urgency: the White House,” said McHenry, kicking off Thursday’s markup of a different version of the stablecoin legislation that does not yet reflect the latest negotiations.
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