US congressional committee fails to reach deal on stablecoin bill, chair says

US congressional committee fails to reach deal on stablecoin bill, chair says

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The top Republican and Democrat on the U.S. House Financial Services committee on Thursday said they had failed to come to an agreement on a bill to establish a federal regulatory framework for stablecoins, a type of cryptocurrency typically pegged to a traditional asset, often the U.S. dollar.…

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