H.R. 5197 · 116th Congress
Managed Stablecoins are Securities Act of 2019
- Stage
- In committee
- Sponsor
- Sylvia Garcia
- Introduced
- 2019-11-20
- Latest action
- 2019-11-20 · Introduced in House
Summary
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.