Trump calls for quick passage of stablecoin regulation bill in House of Representatives, key lawmakers hint at more negotiations

On June 24th, according to CoinDesk, US President Donald Trump called on the House of Representatives to quickly pass the stablecoin regulation bill recently approved by the Senate, but one of the key lawmakers responsible for pushing the bill said on Monday that there are still some details that need to be coordinated and resolved. French Hill, the chairman of the U.S. House Financial Services Committee and a long-time advocate for stablecoin debates, stated that he is unwilling to commit House members to abandoning amendments to the Senate bill. He said that negotiations are currently underway with the leadership, and there are still many issues to be resolved between the version of the bill passed by the Senate and the version still being developed by the House of Representatives.