House introduces revised stablecoin legislation with compliance measures and developer protection
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Publish date
Mar 26, 2025 - 12:00am
Publisher
CryptoSlate
Web URL
https://cryptoslate.com/house-introduces-revised-stablecoin-legislation-with-compliance-measures-and-developer-protection/
Referenced by
US House introduced updated version of STABLE Act
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It also prohibits issuers from paying yield to token holders and restricts issuer activities to core functions such as issuance, redemption, and custody services.
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The US House of Representatives introduced an updated version of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act on March 26, substantially revising the February 5 draft.
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