[Congressional Record Volume 171, Number 86 (Wednesday, May 21, 2025)]
[Senate]
[Page S3067]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2236. Mr. TUBERVILLE submitted an amendment intended to be 
proposed by him to the bill S. 1582, to provide for the regulation of 
payment stablecoins, and for other purposes; which was ordered to lie 
on the table; as follows:

       In section 18(a), add at the end the following:
       (5) The foreign payment stablecoin issuer is not owned, in 
     whole or in part, by--
       (A) the People's Republic of China, including the Hong Kong 
     Special Administrative Region and the Macao Special 
     Administrative Region;
       (B) the Republic of Cuba;
       (C) the Islamic Republic of Iran;
       (D) the Democratic People's Republic of Korea;
       (E) the Russian Federation; or
       (F) the Bolivarian Republic of Venezuela under the regime 
     of Nicolas Maduro Moros.
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