United States of America: Business registration requirement in Bill to provide for effective regulation of payment stablecoins, and for other purposes (SB 4155)
Progress
Current status
under deliberation
17 Apr 2024 under deliberation
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Introduced Bill to provide for effective regulation of payment stablecoins, and for other purposes (SB 4155) including business registration requirement
On 17 April 2024, a Bill to provide for effective regulation of payment stablecoins, and for other purposes (SB 4155) was introduced into the United States Senate. Under the Bill, depository institutions and non-depository trust companies would be r…
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament