Today news
About the same in other media
USDC issuer Circle supports proposal to regulate stablecoin issuers as banks
Reading now: 148
Issuers of stablecoins like Tether (USDT) and USD Coin (USDC) may soon be required to work under the same regulations as banks, but that seemingly doesn’t frighten the CEO of the USDC-issuer Circle.
Commenting on the Biden administration’s proposal to work on a bank-like regulation for stablecoin issuers, Circle CEO Jeremy Allaire took a supportive stance for the recommendation. He highlighted that proposal’s aim to regulate dollar stablecoin issuers in the United States financial system as banks
Read more on cointelegraph.comAbout this in other media
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing cointelegraph.com /2 years ago
US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’ cryptonews.com /2 years ago
US regulators promise crypto oversight clarity finextra.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
