How CCCA Sponsors See an Opportunity to Advance the Bill - Digital Transactions

How CCCA Sponsors See an Opportunity to Advance the Bill - Digital Transactions

Sponsors of the Credit Card Competition Act saw the passage of the GENIUS Act on a preliminary vote as an opportunity to give the CCCA new life in advance of plans to reintroduce the legislation in the current Congress. Attaching the bill to the GENIUS Act, which would regulate stablecoins, was seen as a natural fit for the CCCA, as GENIUS bill is the first major piece of banking legislation to come to the Senate floor in the three years since t…