Along with French Hill, there's chairman of the full committee in others, and that is a bill on market structure that really delineates what government entities have a say and a control in regulating digital assets, as well as A stablecoin bill, which puts forward the building blocks and a regulatory framework for stablecoin in the United States. Beyond that, we have a huge opportunity to, as it relates to financial technology writ large in other areas in the fintech space. (05:38–05:46)
CLAIM
Asserts that a stablecoin bill is being formulated to create a regulatory framework.
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