Congress moves to the organization of Stablecoins, and it prohibits some digital assets temporarily

The Chairman of the Financial Services Committee for French Financial Services and the Digital Committee, Chairman of the Sub -Committee for Digital Assets, Brian Steel, presented a draft discussion of transparency and accountability for the economy of the Professor’s book (Stable) for the year 2025.

The proposed legislation aims to create a clear organizational framework for Stablecoins while addressing financial stability concerns.

Legislation suggests supervision of stablecoins

Main provision for invoice It imposes a two -year endowment on the internal stablecoins version, which is only digital assets supported by another digital origin issued or kept the same entity.

Legislators argue that such stablecoins poses a liquidity, fluctuations and manipulation of the potential market. For more evaluation of the risks and benefits of these digital assets, the draft law requires the US Treasury Department, in cooperation with the Federal Reserve, the Securities and Exchange Committee (SEC), and the Currency Observer Office (OCC), to conduct a comprehensive study.

You will evaluate technological design, governance structures, and stablecoins, as well as their impact on financial markets and consumer protection.

The proposed framework also seeks to define the permissible Stablecoin exporters, which requires them to be secure deposit institutions or qualified entities other than banks that meet the criteria of capital, liquidity and strict transparency. In addition, the draft law defines new supervision mechanisms for Stablecoin Exporters, including monthly financial disclosure requirements, independent audit and risk management protocols.

In an official statement, the head of the Sub -Committee for Digital Assets, Steel, said, said,

“By implementing a clear organizational structure for defense, we can support continuous innovation, enhance the position of the US dollar as a backup currency in the world, and protect consumers and investors. I look forward to obtaining comments from consumers, exporters and stakeholders in this legislation project where we are working to provide clear rules for the road to this Innovative technology.

Once approved, federal agencies will have 180 days to develop implementation rules, followed by a 18 -month transitional period before full implementation.

Stablecoins

The last bill comes after a group of Senate members in the United States presented the national guidance and construction (genius law) to regulate Stablecoins while promoting financial innovation.

The draft law, sponsored by the Republican Senator Bill Hajri, Tom Scott, Cenathia Lomes, and Democrat Kirsten Gilbrand, defines that digital assets are linked to US dollars and define licensing and reserve requirements. Exporters over the age of $ 10 billion in assets must follow the federal reserve regulations, while smaller companies can operate under the supervision of the country.