The US Inches Closer to Stablecoin Rules

The US Inches Closer to Stablecoin Rules

The question now shifts from “How will the U.S. government regulate stablecoins?” to “What will stablecoin issuers have to do?”

We’re starting to get a sense of how the Biden administration will try to regulate stablecoins. The short version seems to be: A regulatory framework that would mandate more transparency and oversight from issuers (versus one focused on the stablecoins themselves).

Side note: I’m at The Trading Show Chicago today and tomorrow. If you’re also here, let’s say hi.

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