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Fed’s Powell Signals ‘Meaningful Progress’ on US Stablecoin Bill


by Izabela Anna
for CoinEdition
Fed Chair Jerome Powell says the US is making "meaningful progress" on stablecoin laws.
  • Bipartisan momentum is driving the U.S. toward a stablecoin regulatory framework.
  • Powell’s support signals stablecoins may soon integrate with mainstream finance.
  • U.S. rules may adopt global standards like MiCA while ensuring local adaptability.

Federal Reserve Chair Jerome Powell has confirmed that the United States is making meaningful progress toward establishing a clear regulatory framework for stablecoins. In recent remarks, he highlighted that after a series of earlier delays, bipartisan efforts in Congress are finally gaining significant traction, a development that is being hailed as a critical milestone for digital assets. 

Regulatory Path Taking Shape

Powell pointed out that the lack of clear federal regulation for stablecoins has long been a major concern for both regulators and investors. The U.S. has struggled for years to implement a consistent set of standards for stablecoin issuers.

Related:  In Major Policy Clarification, Fed Chair Says Ban…

The post Fed’s Powell Signals ‘Meaningful Progress’ on US Stablecoin Bill appeared first on Coin Edition.

Read the article at CoinEdition

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Fed’s Powell Signals ‘Meaningful Progress’ on US Stablecoin Bill


by Izabela Anna
for CoinEdition
Fed Chair Jerome Powell says the US is making "meaningful progress" on stablecoin laws.
  • Bipartisan momentum is driving the U.S. toward a stablecoin regulatory framework.
  • Powell’s support signals stablecoins may soon integrate with mainstream finance.
  • U.S. rules may adopt global standards like MiCA while ensuring local adaptability.

Federal Reserve Chair Jerome Powell has confirmed that the United States is making meaningful progress toward establishing a clear regulatory framework for stablecoins. In recent remarks, he highlighted that after a series of earlier delays, bipartisan efforts in Congress are finally gaining significant traction, a development that is being hailed as a critical milestone for digital assets. 

Regulatory Path Taking Shape

Powell pointed out that the lack of clear federal regulation for stablecoins has long been a major concern for both regulators and investors. The U.S. has struggled for years to implement a consistent set of standards for stablecoin issuers.

Related:  In Major Policy Clarification, Fed Chair Says Ban…

The post Fed’s Powell Signals ‘Meaningful Progress’ on US Stablecoin Bill appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Rep. Ro Khanna to Propose Ban on Crypto Trading by President, Lawmakers, and Families

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