US Rep French Hill Provides Timeline For Stablecoin Legislation

US Congressman French Hill, who serves as the Chairman of the House’s Subcommittee on Digital Assets, has provided a timeline for when the Stablecoin bill could be passed, suggesting that this could happen as early as year-end. Interestingly, the congressman also offered insights into the process for firing the US Securities and Exchange Commission (SEC) Chair Gary Gensler.