Not adopted
This amendment was never taken up, and the bill finished without it. It was never voted on.
Its path through Congress
- Introduced
- Pending Consideration
- Failed
What this amendment would do
The amendment submitted by Ms. Warren aims to add a new section regarding Extraterritorial Jurisdiction to the bill S. 1582, which provides for the regulation of payment stablecoins.
What It Aims to Change or Add
- It adds a rule stating that any payment stablecoin denominated in United States dollars, no matter where it is located, is considered property subject to the jurisdiction of the United States.
- This applies for the purposes of any provision of law that authorizes sanctions or sanctions enforcement actions.
- 6/9/2025
- Senate amendment submitted
This bill has no cosponsors