🚀 **Crypto Regulation Showdown: Stablecoins in the Spotlight!**

In a heated House Financial Services Committee hearing, Rep. Maxine Waters (D-Calif.) pushed for a last-minute compromise on stablecoin legislation. Waters urged the committee's chairman, Rep. Patrick McHenry (R-N.C.), to finalize a bill this year, emphasizing the need for strong consumer protections and federal oversight.

Meanwhile, SEC Chair Gary Gensler faced criticism from Republican members over his crypto oversight. The debate highlighted the agency's controversial enforcement actions and the ambiguity surrounding crypto regulations.

What do you think about the future of stablecoin regulation? Share your thoughts in the comments! 💬