Federal Reserve Chairman Jerome Powell has called on Congress to develop a legislative framework for stablecoins. Addressing House Democrats in a closed-door meeting with the House Financial Services Committee, Powell highlighted the urgent need for stablecoins regulations, signaling the Federal Reserve’s proactive stance. Jerome Powell Push for Stablecoin Legislation Jerome Powell’s discussions with lawmakers underscore The post Jerome Powell Urges Congress to Create Stablecoin Regulations appeared first on CoinGape .