Stablecoin TRUST Act of 2022

referredUnited States· United States Congress· EN

Introduced

21 December 2022

Last action

21 December 2022 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

Stablecoin Transparency of Reserves and Uniform Safe Transactions Act of 2022 or the Stablecoin TRUST Act of 2022 This bill establishes a regulatory framework for payment stablecoins (digital assets which an issuer must directly convert to fiat currency). Specifically, the bill only allows the following entities to issue stablecoins a money transmitting business, a non-depository trust company, or any other person that is authorized by a state banking supervisor to issue payment stablecoins; a national limited payment stablecoin issuer; a depository institution; or a national trust bank.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

21 December 2022
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
21 December 2022
Introduced
Introduced in Senate
Source: IntroReferral

Votes

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Versions

Introduced in Senate · 21 December 2022 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 21 December 2022
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Introduced in Senate (PDF)
Introduced in Senate · EN · 21 December 2022
View Download Open at official source
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Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
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Introduced in Senate
summary · EN · 21 December 2022
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

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Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/117th-congress/senate-bill/5340
Open data entity: https://api.congress.gov/v3/bill/117/s/5340
us · 117-s-5340 · source updated 14 January 2025