ICYMI: Circle plans policy push as US Congress considers new legislation
, in which it argues that the country needs robust regulation if it wants a digital dollar or USD stablecoin to become the global reserve currency.
"We are working hard to engage and educate DC on the issues, as this likely goes from a HSFC bill into law that’s being considered by the entire House of Representatives coming out of the summer recess," Circle CEO Jeremy Allaire told The Block. "We are at a key moment in development of U.S. policy, with expected upcoming votes in Congress, and we are trying to help present a simple and compelling case to economic and policy leaders around the importance of getting stablecoin laws done in the U.S.," he continued.© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Seventh Circle’s Pandemic Transformation Into a Healthier DIY VenueSeventh Circle Music Collective is one of Denver's longest-standing DIY venues, taking over where Blast-O-Mat left off.
Read more »
Prime Day Savings: Score 70% Off This Amazon Dark Circle ConcealerThis Amazon dark circle concealer is 70% off for PrimeDay!
Read more »
Circle cuts 'marginal' amount of staff to strengthen balance sheet: CoinDeskCircle has cut a portion of its staff to strengthen its balance sheet.
Read more »
After deinstitutionalization, California has tragically come full circle on mental illness treatmentGuest commentary: Today, the vast majority of inpatient psychiatric care in America is provided behind bars. “Deinstitutionalization,” as the movement to close these hospitals is known, began as a cost-saving measure. 📝 Alice Feller
Read more »
Full Circle Series-Premiere Recap: A Boy for a BoyA murderers’ row of talent and a convoluted web of elaborate double-crosses make for a solid beginning to Steven Soderbergh’s latest TV series.
Read more »