TechFlow news, according to sources, U.S. House lawmakers plan to release a draft of the stablecoin regulatory bill before their August recess, potentially as early as this week. The proposed legislation would allow non-banks to issue stablecoins. Earlier reports indicated that on July 21, insiders revealed that Democrats on the House Financial Services Committee recently held a members-only conference call regarding the upcoming stablecoin bill, and Democrats and Republicans appear to have reached consensus on its core principles, although the text has not yet been finalized. Lawmakers aim to finalize and publish the bill by July 27.Original link
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