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H.R. 5197

BillFederalHouseIn Committee
Managed Stablecoins are Securities Act of 2019
About This Bill
Committee
Latest Action · November 20, 2019
Referred to the House Committee on Financial Services.
Congress
116th (2019–2021)
Introduced
November 20, 2019
Sponsor
Rep. Sylvia GarciaD
Cosponsors (1)
0D 1R
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Summary

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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.

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