{"database": "openregs", "table": "legislation", "rows": [["117-s-5340", 117, "s", 5340, "Stablecoin TRUST Act of 2022", "Finance and Financial Sector", "2022-12-21", "2022-12-21", "Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.", "Senate", "Sen. Toomey, Patrick [R-PA]", "PA", "R", "T000461", 0, "Stablecoin Transparency of Reserves and Uniform Safe Transactions Act of 2022 or the Stablecoin TRUST Act of 2022  This bill establishes a regulatory framework for payment stablecoins (digital assets which an issuer must directly convert to fiat currency). Specifically, the bill only allows the following entities to issue stablecoins   a money transmitting business, a non-depository trust company, or any other person that is authorized by a state banking supervisor to issue payment stablecoins;  a national limited payment stablecoin issuer;  a depository institution; or  a national trust bank.", "2023-08-29T15:45:29Z", null]], "columns": ["bill_id", "congress", "bill_type", "bill_number", "title", "policy_area", "introduced_date", "latest_action_date", "latest_action_text", "origin_chamber", "sponsor_name", "sponsor_state", "sponsor_party", "sponsor_bioguide_id", "cosponsor_count", "summary_text", "update_date", "url"], "primary_keys": ["bill_id"], "primary_key_values": ["117-s-5340"], "units": {}, "query_ms": 0.41857105679810047, "source": "Federal Register API & Regulations.gov API", "source_url": "https://www.federalregister.gov/developers/api/v1", "license": "Public Domain (U.S. Government data)", "license_url": "https://www.regulations.gov/faq"}