US HB5197 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on November 20 2019 - 25% progression, died in committee
Action: 2019-11-20 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 20 2019 - 25% progression, died in committee
Action: 2019-11-20 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Managed Stablecoins are Securities Act of 2019
Sponsors
| Rep. Sylvia Garcia [D-TX] | Rep. Lance Gooden [R-TX] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-11-20 | House | Referred to the House Committee on Financial Services. |
| 2019-11-20 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/5197/all-info |
| Text | https://www.congress.gov/116/bills/hr5197/BILLS-116hr5197ih.pdf |
