Regulators Should Not 'Front-Run' Congress on Stablecoins

2023-5-18 00:02

The House has made it clear that passing a stablecoin bill is a top priority. Regulators – like the SEC – shouldn’t get ahead of the legislative process, say Bain Capital’s Tuongvy Le and Khurram Dara.

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Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says

Congress may rebuff U.S. regulators who wanted stablecoins to be the exclusive territory of banks, according to a lawmaker familiar with a legislative effort now in motion. Democrats on the House Financial Services Committee have been working on requirements that may not be as restrictive as the Treasury Department and financial regulators had asked.

2022-7-18 16:38


Circle Tells CNBC That Lack of Awareness In Cryptocurrency Industry Is An Issue

Circle Official States That Lack of Awareness In The Crypto Industry Is An Issue During a recent interview, Carla Carriveau, from the Senior Regulatory Counsel of Circle, has affirmed that the regulators and the heads of blockchain companies have to establish legislative pointers around the field. According to her, which acted as the senior counsel […]

2018-9-27 00:26