Treasury Department seeks feedback on stablecoins, illicit activities
The Treasury Department issued a request for comment on stablecoin implementation, particularly on tools or strategies that financial institutions can ...
Tag: Stablecoin
ABA, state bankers associations seek to close loopholes in stablecoin law
ABA and 52 state bankers associations yesterday urged lawmakers to use upcoming market structure legislation to close several legal loopholes ...
ABA, associations: Close payment of interest loophole for stablecoins
ABA joined four associations in urging lawmakers to close a legal loophole that may allow for the payment of interest ...
White House task force releases recommendations for crypto policy
A White House task force released a report on strategies to strengthen U.S. leadership in digital assets, including policy recommendations ...
ABA, associations urge OCC to postpone crypto firm applications for bank charters
ABA joined four banking and credit union associations in raising concerns about a push by digital asset firms to establish ...
House passes bills on stablecoins, digital assets, CBDCs
The House voted in favor of two bills to create a regulatory framework for payment stablecoins and digital assets. House ...
ABA urges lawmakers to include safeguards in stablecoin bill
A durable regulatory framework for stablecoins must balance the potential for enhancing payments with the need to limit negative economic ...
How stablecoins could affect borrowing costs for the government, businesses and households
Policymakers must weigh short-term fiscal gains against the long-term health of the real economy.
BIS: Stablecoins fail as ‘sound money’
Stablecoins as a form of sound money fall short, and without regulation pose a risk to financial stability and monetary ...
Stablecoin bill clears Senate
The Senate voted in favor of legislation to establish a regulatory framework for payment stablecoins, with proposed amendments to establish ...
