FILE PHOTO: The U.S. Capitol building in Washington, D.C., U.S., June 27, 2025. REUTERS/Elizabeth Frantz/File Photo
(Reuters) -The U.S. House of Representatives on Thursday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known as stablecoins, sending the bill to President Donald Trump, who is expected to sign it into law.
The vote marks a watershed moment for the digital asset industry, which has been pushing for federal legislation for years and poured money into last year's elections to promote pro-crypto candidates.
