Stablecoin regulation is first on new subcommittee’s to-do list

Stablecoin legislation will be one of the top priorities for the newly formed U.S. House of Representatives subcommittee on digital assets, financial technology and inclusion, according to Rep. French Hill.

The subcommittee also wants to pursue a privacy statute federally, which is important to a digital future and part of the foundation of moving from an analog financial services environment to a more digital environment.