Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Maryland House approves bill to regulate stablecoins after floor debate
Summary
The Maryland House on March 4 passed House Bill 13‑55 to create a state regulatory framework for stablecoins, aligning state rules with the federal “Genius Act.” Debate focused on what assets may back stablecoins and whether the state framework could lay groundwork for central bank digital currencies.
The Maryland House of Representatives passed House Bill 13‑55 on March 4, approving a state framework to license and regulate stablecoin issuers under provisions tied to the federal “Genius Act.” The vote was 130 in favor and 1 opposed.
Supporters, including the floor leader, said the bill implements federal guidance and establishes a transparent state regime for issuers. “So what were…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
