S.Amdt. 2322

SA 2322. Ms. WARREN submitted an amendment intended to be proposed to
amendment SA 2307 proposed by Mr. Thune (for Mr. Hagerty (for himself
and Mrs. Gillibrand)) 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 4(a), add at the end the following:
(__) Service providers.--The appropriate permitted payment
stablecoin regulator shall also have authority over a service
provider of the permitted payment stablecoin issuer to the
same extent as if such service provider were engaged in a
service relationship with a depository institution and the
appropriate permitted payment stablecoin regulator were an
appropriate Federal banking agency under section 7(c) of the
Bank Service Company Act (12 U.S.C. 1867(c)).
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