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HR 5197 116th Congress House Finance and Financial Sector Broadcasting, cable, digital technologies Currency Securities

Managed Stablecoins are Securities Act of 2019

Introduced: November 20, 2019 Introduced by: Garcia, Sylvia R. Democratic · Texas See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 20, 2019
Referred to the House Committee on Financial Services.
Nov 20, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Managed Stablecoins are Securities Act of 2019

This bill establishes managed stablecoins—a type of digital currency the value of which is linked to another asset or group of assets—as a type of security for regulatory purposes.

What's happening now November 20, 2019

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1