Congress Moves Toward Passing Stablecoin Legislation

Contributing sentiments towards policy:

42% : If signed into law, the Senate bill would create a split regulatory structure between state and federal agencies.
38% : Still, the House and Senate versions differ on some provisions, most notably in terms of how big of a role state regulators would play, with the House not setting the $10 billion threshold above which issuers would be subject to federal oversight.
34% : States would only oversee issuers with less than $10 billion in market capitalization, with any issuers above that threshold subject to federal oversight.

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