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Trump Urges House of Representatives to Quickly Pass Stablecoin Regulation Bill, Key Legislators Hint at Further Negotiations

Summary: According to CoinDesk, US President Donald Trump has called on the House of Representatives to swiftly pass the stablecoin regulation bill recently approved by the Senate, but one of the key legislators responsible for promoting the bill indicated on Monday that there are still some details that need to be coordinated. French Hill, Chairman of ...

According to CoinDesk, US President Donald Trump has called on the House of Representatives to swiftly pass the stablecoin regulation bill recently approved by the Senate, but one of the key legislators responsible for promoting the bill indicated on Monday that there are still some details that need to be coordinated.

French Hill, Chairman of the House Financial Services Committee and a long-time debater on stablecoin issues, stated that he is not willing to commit to House members abandoning modifications to the Senate bill. He mentioned that discussions are currently ongoing with leadership, as there are still many issues that need to be resolved between the version passed by the Senate and the version still being formulated by the House.

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