Insiders: The U.S. may reach a comprehensive framework agreement on stablecoins

ChainCatcher news, senior members of the U.S. House of Representatives indicate that an agreement on a comprehensive framework for stablecoins may soon be reached, which includes providing a clear path for regulators to transition crypto assets from securities to commodities, as well as other significant changes to cryptocurrency regulation in the U.S.

It is reported that later on Wednesday, the House Financial Services Committee advanced legislation by a bipartisan vote of 35 to 15 to change the way the U.S. regulates the cryptocurrency market; however, the bill faced strong opposition from several senior Democrats. (source link)