According to Tom Emmer (@GOPMajorityWhip), the Financial Committee, led by @RepFrenchHill, discussed the Anti-CBDC Surveillance State Act, marking a significant step towards its enactment. Emmer highlights concerns over CBDCs threatening privacy and American values, while suggesting that the stablecoin bill could facilitate the integration of traditional finance into the blockchain globally.

According to Eleanor Terrett, Senator Hagerty has released the official text for a new stablecoin bill, prompting industry reactions and analysis on its potential impact on stablecoin markets. The bill could influence trading regulations and market stability, crucial for traders considering positions in stablecoins. [Source: Eleanor Terrett's Twitter]