Fed Governor: Banks and non-banks should be able to issue stablecoins

2025-2-13 10:12

Fed Governor Christopher Waller believes there should be a framework that allows banks and non-banks to issue regulated stablecoins. According to a recent Bloomberg report, Waller stated that stablecoins have the potential to expand the reach of the U.S. dollar… origin »

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stablecoins fed governor issue waller should non-banks

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stablecoins fed → Ðåçóëüòàòîâ: 73


Central Banks Will Always Be Source of Trust in Money, Says Fed Chair

Federal Reserve (Fed) Chairman Jerome Powell has spoken at the Conference on Opportunities and Challenges of the tokenization of finance, hosted at the Louvre by the Banque de France. In his comments, the Fed chairman addressed the current “DeFi winter,” the utility of stablecoins, and reiterated that a dollar-based central bank digital currency was still … Continued The post Central Banks Will Always Be Source of Trust in Money, Says Fed Chair appeared first on BeInCrypto.

2022-9-28 20:30


Ôîòî:

The U.S. Will Not Mirror China’s Ban On Cryptocurrencies, Fed Chair Powell Tells Congress

The United States will not follow the example of China in imposing an outright ban on cryptocurrencies but is looking at regulating stablecoins, the Fed Chairman said on Thursday. The Fed Has “No Intention” Of Banning Cryptocurrencies The United States Federal Reserve does not intend to ban all cryptocurrency transactions, the chairman Jerome Powell emphasized […]

2021-10-1 01:29


Ôîòî:

US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC

U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said […]

2021-7-17 18:30


At Times Bitcoin Felt Like A “Somewhat Frothy Market,” says Fed Chair Noting Stablecoins “Growing Really Fast”

While worried about that, the Fed is promising “powerful support” through monetary policy. Jerome Powell also called for “appropriate regulation” of stablecoins and getting the digital dollar right, rather than fast, because the US is “not in danger of losing” the reserve currency status.

2021-7-17 17:53


You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin

Federal Reserve Chairman Jerome Powell on Wednesday came out strongly supporting a digital dollar, saying it could undercut the need for cryptocurrencies and stablecoins. When asked during the congressional hearing if having a digital currency issued by the central bank would be a more viable alternative than cryptos in the payments system, Powell agreed and […] The post You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin first appeared on BitcoinExchangeGuide.

2021-7-15 16:35


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FDIC proposes new stablecoin rules under GENIUS Act

The Federal Deposit Insurance Corporation has proposed new rules under the GENIUS Act to oversee stablecoins issued through the banking system. According to a statement released on Tuesday, the board of directors voted to propose a rule that would set…