Today news
About the same in other media
Will US regulators shake stablecoins into high-tech banks?
Reading now: 628
Regulators around the world have been thinking seriously about the risks associated with stablecoins since 2019 but recently, concerns have intensified, particularly in the United States.
In November, the United States’ President’s Working Group on Financial Markets, or PWG, issued a key report, raising questions about possible “stablecoin runs” as well as “payment system risk.” The U.S Senate followed up in December with hearings on stablecoin risks.
It raises questions: Is stablecoin regulation coming to the U.S. in 2022? If so, will it be “broad stroke” federal legislation or more piecemeal Treasury Department regulation? What impact might it have on non-bank stablecoin issuers and the crypto industry in general? Could it spur a sort of
Read more on cointelegraph.comAbout this in other media
Venture capitalists are unmoved as regulators try to tame wild unicorns fnlondon.com /2 years ago
Spanish government will implement new rules for crypto ads cointelegraph.com /2 years ago
CBDCs and stablecoins: EY advises banks to ‘prepare for what's coming’ cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
