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US House passes stablecoin legislation, sending bill to Trump

SummaryCompaniesHouse lawmakers pass trio of crypto billsVotes mark pivotal moment for digital assets sectorStablecoin bill would require tokens to be backed by liquid assetsJuly 17 (Reuters) - The U.S. House of Representatives on Thursday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known as stablecoins, sending the bill to President Donald Trump, who is expected to sign it into law.The vote marks a watershed moment for the digital asset industry, ...

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