US Regulator Calls For Stablecoin Bank Regulation, Coordinated Regulatory Approach To Crypto

Stabilizing stablecoins and paving the way for a coordinated and collaborative regulatory approach to cryptocurrencies should become the key focus of American regulators — and bank regulation could provide stablecoin holders with more confidence and security, according to Michael J. Hsu, Acting Chief of the US Office of the Comptroller of the Currency (OCC).