Stablecoins are a great payment alternative. But they must be controlled, a Biden administration report. Stablecoins, a popular sort of digital asset tethered to existing currencies, might alter. The way Americans pay for everything from…
Administration to Congress – According to the long-awaited report from the President’s Working Group on Financial Markets. If the U.S. lawmakers don’t act, regulators have the authority to take measures. A group of U.S. regulators…
Crypto body lobbies US on stablecoin push: ‘It’s really important we get this right’. One of the cryptocurrency industry’s largest lobbying groups has released a wish list of what it believes. What stablecoin regulation should…
The cryptocurrency boom poses new risks to financial stability. Crypto assets open up a whole new universe of possibilities. Payments are simple and quick. Financial services that are cutting-edge. Access to previously “unbanked” portions of…
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