Treasury secretary Yellen urges lawmakers to quickly introduce stablecoin guidelines
The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months.
Janet Yellen: We Must ‘Act Quickly’ on Stablecoin Regulation
Financial regulators expect to have recommendations on stablecoin rules “in the coming months.”
Treasury Secretary Yellen To Meet With Top Regulators To Discuss Risks and Benefits of Stablecoins
US Treasury Secretary Janet Yellen will be meeting with the President’s Working Group on Financial Markets (PWG) to discuss regulations on stablecoins. According to an announcement from the US Treasury…
Yellen pushes US regulators to ‘act quickly’ on stablecoins during working group meeting
The heavy hitters of U.S. federal financial regulation met today to hash out stablecoins. The post Yellen pushes US regulators to ‘act quickly’ on stablecoins during working group meeting appeared…
If Stablecoins Cause Instability, Regulators Have Themselves to Blame
Pseudonymity is a key reason for the emergence of the $110 billion stablecoin market. If regulators are worried about financial stability, they should have some KYC controls.
China Crypto Roundup (July. 12-June. 18)：PBoC Issued Digital RMB White Paper, Hong Kong Warned Binance Involving Unregulated Activity
1. 33 provinces and cities have introduced special policies for blockchain, Shanghai has registered permanent residence, and Nanjing has provided 3 million subsidies to grab talents After the national ministries…
Nobel Laureate Paul Krugman Explained Possible Stablecoin Crisis in the Future
Nobel laureate Paul Krugman compared stablecoins to crisis-prone free banking
Amber App – Stable Returns in a Volatile Crypto Market
The recent crypto market correction has sent investors searching elsewhere for more stable returns. Many are now choosing to earn interest income on crypto deposits instead of locking in short-term…
U.S. Treasury Secretary Janet Yellen to meet other financial regulators to discuss stablecoins.
U.S. Treasury Secretary Janet Yellen announced that she will meet with regulators today to discuss “interagency work” on stablecoins, a rapidly growing class of digital currencies that is facing growing…
Stablecoins Risky Like ‘Wildcat’ Bank Practices of 19th Century, Gorton and Zhang Write
Yale economist Gary Gorton and U.S. Federal Reserve attorney Jeffery Zhang urge regulating issuers as banks and issuing a CBDC.
