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American legislators set up the House of Representatives and the Senate working group to draft cryptocurrencies and stabilization currency bills

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Reprinted from panewslab

02/05/2025·26D

PaNews February 5th news, according to The Block report, US legislators are setting up a working group, including members of the key committees of the House of Representatives and the Senate to formulate a regulatory framework for digital assets and stable currency. At the press conference on Tuesday, David Sacks, the head of the White House artificial intelligence and cryptocurrency affairs, Tim Scott, chairman of the Senate Banking Committee, John Boozman, Chairman of the Senate Agricultural Committee, and Chairman of the House Financial Services Committee, and GT Thompson, Chairman of the House of Representatives of the House of Representatives Announce The establishment of these two hospitals.

The Senate has been promoting the supervision of stable currency. Senator Bill Hagerty proposed a bill on Tuesday, which aims to create a regulatory framework, including setting the issuer whether the issuer is regulated by the federal government or the state government. Hill said that the future stabilization currency bill will be "very similar" to the Senate's plan. Hill said at a press conference on Tuesday that the bill that regulates the overall market structure of the cryptocurrency in the future will be similar to the "Financial Innovation of the 21st Century and the Technical Act" (FIT21), and emphasizes the basis of its support.

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