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HR 5197
Managed Stablecoins are Securities Act of 2019
Introduced
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
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.
Sponsors
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Primary sponsor
Sylvia R. Garcia
HouseTXDemocratDistrict 29
Cosponsor
Lance Gooden
HouseTXRepublicanDistrict 5
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