The U.S. House Financial Services Committee highlighted an op-ed by Chairman French Hill and Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Chairman Bryan Steil calling for Congress to enact digital asset legislation and set out a policy agenda covering stablecoins, token issuance, trading platforms, and anti-money-laundering safeguards. The op-ed argues that the lack of clear federal rules has left limited compliant pathways for the sector and should be addressed through fit-for-purpose regulation that pairs innovation with consumer and national security protections, including against money laundering and terrorist financing. Hill and Steil list priorities including a federal framework for dollar-denominated payment stablecoins, clarity for the initial sale and distribution of tokens, pathways to register centralized platforms for token trading, and measures to support fair competition; they also point to a House-passed bipartisan digital asset framework bill from the previous Congress and a Committee discussion draft on payment stablecoins. They say a newly formed Bicameral Working Group for Digital Assets will coordinate with Senate committee leadership, the Trump Administration, and financial regulators to advance legislation.
U.S. House Financial Services Committee leaders urge Congress to advance digital asset legislation and a stablecoin framework
The U.S. House Financial Services Committee highlighted an op-ed by Chairman French Hill and Subcommittee Chairman Bryan Steil urging Congress to enact digital asset legislation. It calls for a federal framework for stablecoins, clarity on token issuance, and pathways for registering trading platforms, alongside anti-money-laundering safeguards. A Bicameral Working Group for Digital Assets will collaborate with Senate leaders and regulators to advance these efforts.