Rep. Steil Demands Regulators Fast-Track GENIUS Act as Stablecoin Law Deadline Looms
Regulators are going through rising stress from Congress to speed up implementation of the United States’ new stablecoin legislation, with Rep. Bryan Steil warning that the one-year rulemaking deadline is approaching. During a House Financial Services Committee hearing on Tuesday, Steil urged company heads to supply concrete updates on their progress in rolling out the…
