Patrick Boyle On Finance

Squashing Tether - The Coming Regulation in Stablecoins

13 min • 6 november 2021
Send us a textFederal regulators requested more power from Congress to regulate stablecoins, a fast-growing type of cryptocurrency that they warn could result in bank runs and consumer abuse unless lawmakers act quickly, according to a report issued Monday by the Treasury Department.The report, which was undertaken by the President’s Working Group on Financial Markets, called on Congress to pass a law that makes issuers of stablecoins subject to requirements like those of traditional banks an...

Senaste avsnitt

Podcastbild

00:00 -00:00
00:00 -00:00