A New York legislator recently introduced a new measure that encourages the use of fiat-collateralized stablecoins as a legitimate means of paying bail bonds.
The House of Representatives document repository has been updated with a new draught bill proposing a framework for stablecoins in the United States. The first notable cryptocurrency legislation of 2023 is the stablecoin bill.
Behnam asserted that it "would not have allowed" Ether futures products to be listed on CFTC exchanges if it "did not feel strongly that it was a commodity asset."