U.S. Senator Sherrod Brown is open to moving forward with stablecoin legislation

Odaily Planet Daily News Senator Sherrod Brown, Democrat of Ohio, is a Crypto Assets skeptic who manages the influential Senate Banking Committee and is open to advancing stablecoin legislation. However, Brown said his concerns must be addressed before he fully supports the stablecoin law. Brown's initial support for moving forward with legislation could be an important sign of its progress. His Democratic Party controls the U.S. Senate, which sets legislative priorities. In the Republican-controlled House of Representatives, retiring Rep. Patrick McHenry recently said he is optimistic that the United States will be able to introduce a new stablecoin law this year.