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The stablecoin scourge: Regulatory hesitancy may hinder adoption
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The stablecoin market has been growing exponentially — from only $21.5 billion in mid-October of last year to $130 billion at the start of November; a six-fold increase — so it was only reasonable to expect that the United States government would have to come to grips with these digital assets that are designed to maintain a stable value relative to a fiat currency like the U.S. dollar (USD) or a commodity like gold.
The Treasury Department revealed its latest thinking on the subject this week
Read more on cointelegraph.comAbout this in other media
Fed conducted 'policy sprints' around crypto assets to address regulatory clarity cointelegraph.com /2 years ago
El Salvador plans $1 billion in tokenised Bitcoin bonds economictimes.indiatimes.com /2 years ago
Binance US may raise ‘couple hundred million’ in funding, CEO says economictimes.indiatimes.com /2 years ago
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