The U.S. House of Representatives stablecoin bill may face delays

Chain Catcher News reports that, according to sources, the plan to release a draft stablecoin bill before the end of this week has been shelved due to significant divisions among the factions in negotiations. According to three people familiar with the negotiations, although the initial plan aimed to release the bill draft as early as this week, the legislative work to push for the first set of significant U.S. regulations for the cryptocurrency industry remains stalled due to negotiations between the committee's Democratic chair and its top-ranking Republican. There are many key points that need to be sorted out, including the role of state regulators, the possibility of a future digital dollar in the U.S., and the handling of customer funds held by cryptocurrency platforms, among other tricky topics. (CoinDesk)