TechFlow news, on February 5, according to Cointelegraph, French Hill, Chairman of the U.S. House Committee on Financial Services, announced that four House and Senate committees will form a bipartisan working group to advance legislation on digital asset frameworks and stablecoins.
The working group will include the House Committee on Financial Services, the House Committee on Agriculture, the Senate Committee on Banking, and the Senate Committee on Agriculture. Hill stated that the group plans to reintroduce the "Financial Innovation and Technology for the 21st Century Act" with "modest revisions" during the 119th Congress.
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