Today news
About the same in other media
Washington Debates Cryptocurrency Rules, With Sights Set on Stablecoins
Reading now: 900
WASHINGTON—As Washington attempts to get its arms around the rapidly growing cryptocurrency industry, policy makers in the Biden administration and on Capitol Hill have identified stablecoins as an initial target for tighter regulation.
Often billed as one-to-one representations of a currency like the dollar, stablecoins have recently exploded in popularity as investors use them for trading other cryptocurrencies. There are dozens of stablecoins, though a handful pegged to the dollar account for most of the market value, which grew roughly 500% in the 12 months ending in October, according to a report from the Biden administration.
Read more on wsj.comAbout this in other media
New US Sanctions On Russian Bank, Oligarchs And Crypto miner BitRiver: Report ndtv.com /2 years ago
Russian Tax Body Suggests Allowing Crypto Pay in Trade Deals, Digital Ruble May Be Ready by 2023 cryptonews.com /2 years ago
Binance.US leaves Blockchain Association to form own DC government affairs team cointelegraph.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.
