HR 5197 · 116th Congress · Finance and Financial Sector

Managed Stablecoins are Securities Act of 2019

Introduced 2019-11-20· Sponsored by Rep. Garcia, Sylvia R. [D-TX-29]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-11-20)

Plain Language Summary

[AI summary unavailable — showing source text] Managed Stablecoins are Securities Act of 2019 This bill 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Gooden, Lance [R-TX-5]TX