SEC. 4 › (c) › (7)

(7) .— Expedited certifications of existing regulatory regimes

prudential

Bill Text

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§4(c)(7)

(7) .— Expedited certifications of existing regulatory regimes

TheStablecoin Certification Review Committee shall take all necessary steps to endeavor that, with respect to a State that, within 180 days of the date of enactment of this Act, has in effect a prudential regulatory regime (including regulations and guidance) for the supervision of digital assets or payment stablecoins, the certification process under this paragraph with respect to that regime occurs on an expedited timeline after the effective date of this Act.