U.S. Senators, led by Cynthia Lummis, believe they have reached an agreement on the stablecoin bill, with expectations for votes to occur within the next week. The bipartisan legislation aims to regulate digital currencies, particularly stablecoins, ensuring consumer protection while fostering innovation. Some changes were made to address concerns from both parties, increasing the likelihood of passage. This development comes amid growing interest in cryptocurrency regulation.
— new from The Hill