SEC. 4 › (c) › (7)
(7) .— Expedited certifications of existing regulatory regimes
prudential
Bill Text
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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.
Parent Section
SEC. 4(c) .— State-level Regulatory Regimes