The House Financial Services Committee has introduced two bills related to cryptocurrency. The first project aims to better regulate stablecoin issuers, while the second focuses on improving the self-custody mechanism for cryptocurrencies in the United States of America.
On July 28th, the Finance Committee stated that the stablecoin and self-custodial bills, along with five bills related to the economy, had been passed to the House of Representatives.
The aforementioned projects aim to pass laws regulating the minting of stablecoins used for payment, as well as allowing cryptocurrency users to keep their assets in self-custody wallets.
