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Stablecoin Bill Unlikely to Get Pinned to U.S. FAA Reauthorization, Putting Effort On Hold Again

May 1, 2024
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U.S. lawmakers had been engaged this week in critical conversations about whether or not to jam a stablecoin regulation modification onto the Federal Aviation Administration reauthorization laws, which is approaching a deadline. Such efforts to make use of that invoice for different enterprise have been rebuffed by leaders favoring a so-called clear invoice, so the main stablecoin negotiation between Home Monetary Providers Committee Chair Patrick McHenry (R-N.C.) and its high Democrat, Rep. Maxine Waters (D-Calif.), will return to talks on a last deal, stated the aide, who requested anonymity as a result of the negotiations aren’t public.



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Tags: billEffortFAAHoldPinnedPuttingReauthorizationStablecoinU.S
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