Chairman of the U.S. House Digital Assets Subcommittee: Stablecoin legislation is a major task for this year

ChainCatcher news, according to CoinDesk, French Hill, the chairman of the U.S. House Digital Assets, Financial Technology and Inclusion Subcommittee, stated in an interview that stablecoin legislation will be one of the top priorities for the committee. He also mentioned that there will be oversight hearings on regulatory agencies and some actions from last year to learn from them. Additionally, he indicated that stablecoins backed by assets such as the dollar or gold seem to be the most direct or "easily achievable goal" linked to cryptocurrencies. (Source link)