United States of America: Introduced Clarity for Payment Stablecoins Act of 2023 (HR 4766)
Description
Introduced Clarity for Payment Stablecoins Act of 2023 (HR 4766)
On 20 July 2023, the Clarity for Payment Stablecoins Act of 2023 (HR 4766) was introduced to the US Congress. The Act aims to provide for the regulation of payment stablecoins. It establishes that only authorised payment stablecoin issuers would be…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation, registration and licensing, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament