Skip to main content
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
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5197: Managed Stablecoins are Securities Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-5197/
MLA
"H.R. 5197: Managed Stablecoins are Securities Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-5197/.
Bluebook (legal)
H.R. 5197, 116th Cong. (2026), https://openamerica.io/bill/116-HR-5197/.
Markdown link
[H.R. 5197: Managed Stablecoins are Securities Act of 2019](https://openamerica.io/bill/116-HR-5197/)
Report a problem