Crypto Price Check: House Committee Expected to Push Stablecoin Bill

Published by
The Street

By Rob Lenihan A House committee this week is expected to advance a bill on stablecoins, while analysts say high-profile cases may spur crypto-rule-making. Cryptocurrency prices were lower on July 25, while a congressional committee looks to advance a bill on stablecoins and a major bank bought a stake in a crypto custodian firm. Bitcoin, the most popular cryptocurrency, was down 2.7% to $21,923.67 at last check, according to CoinGecko, while ether slipped 3.5% to $1,525.14, and dogecoin dropped 4.2% to $0.065145. In regulatory news, the House Financial Services Committee reportedly plans to a…

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