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According to Techub News, reported by Crypto In America, U.S. lawmakers have made cryptocurrency legislation a top priority, aiming to pass stablecoin legislation before the August recess set by Trump. The U.S. House Financial Services Committee and Agriculture Committee plan to hold a joint hearing on May 6, titled "The Future of American Innovation and Digital Assets: A Blueprint for the 21st Century." House Financial Services Committee Chairman French Hill stated that the draft discussion and text of the new bill will be released in the "coming weeks."

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