Manatt Financial Services Partner Michael Katz was quoted in an article by PYMNTS about how the 119th Congress may manage digital asset legislation.
From a myriad of financial matters including credit cards and digital assets, the new Congress has much financial services-related legislation to consider implementing, removing or changing. One growing area of interest is crypto and AI legislation focused on innovation, according to Katz. “It will be interesting to see if any digital asset bills are part of the tax-and-border-focused reconciliation package already being discussed in Congress. I’d expect a strong stablecoin bill to move quickly given existing bipartisan support.”
Read the full article here.