CoinVoice has recently learned that on July 27, according to The Block, senior members of the U.S. House of Representatives said that the United States may be about to reach a comprehensive framework agreement on stablecoins. Late Wednesday, the House Financial Services Committee advanced legislation with a bipartisan vote of 35 to 15 to significantly change the way the United States regulates the cryptocurrency market.

But in a committee considering another bill to amend the treatment of crypto assets, several Democrats expressed their opposition to the bill, believing that it was too friendly to the crypto industry. The bill includes instructions for regulators to provide a clear path for the transition of crypto assets from securities to commodities, as well as other major changes to U.S. cryptocurrency regulation. [Original link]