Summary: H.R.5197 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.5197. Bill summaries are authored by CRS.

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Introduced in House (11/20/2019)

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.