TechFlow news, on March 22, according to Bloomberg, the U.S. House Committee on Financial Services is expected to review a landmark stablecoin legislation on April 2, a top priority for President Donald Trump and the cryptocurrency industry. Sources familiar with the matter said the bill is likely to pass through the committee.
This development marks a significant increase in the crypto industry's influence within the U.S. Congress, driven by bipartisan support from key Democrats such as Senator Kirsten Gillibrand of New York, as well as record-breaking campaign spending that helped defeat industry opponents and elect allies.
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