Crypto sector sees 'historic week' as stablecoin and self-guardianship bills reach House of Representatives
The House Financial Services Committee has introduced two bills related to cryptocurrencies. The first project aims to better regulate stablecoin issuers, while the second focuses on improving the self-custody mechanism of cryptocurrencies in the USA
On the twenty-eighth of July, the Finance Committee stated that the stablecoins and self-guardianship laws had been passed, along with five economic-related bills, to the House of Representatives
The aforementioned projects aim to pass laws related to the regulation of the minting of stablecoins used for payment, as well as allowing cryptocurrency users to keep their assets in self-custody wallets
