Stablecoin Regulation Takes Center Stage at House Hearing

Willkie Farr & Gallagher Senior Counsel and former CFTC Chairman Chris Giancarlo joins Emily Chang and Sonali Basak to discuss the U.S. House hearing on stablecoins, in which U.S. Treasury Undersecretary for Domestic Finance Nellie Liang said that tech companies that aren’t licensed as banks shouldn’t offer crypto stablecoins.