“If it’s true that the bill isn’t moving to markup, we’re glad committee leadership has decided not to move forward with what likely would have been a problematic proposal,” said Mark Hays, a policy analyst for Americans for Financial Reform, who advocates a “slower, more deliberate approach” and says there is already “a great deal regulators can do right now to address the risks posed by stablecoins to consumers and the market.”
Source: https://www.coindesk.com/policy/2022/09/02/houses-stablecoin-bill-may-face-fatal-delays-for-2022-progress/?utm_medium=referral&utm_source=rss&utm_campaign=headlines