Treasury report calls for stricter oversight of stablecoins
A Treasury Department report says stablecoin issuers should operate like banks to avoid destabilizing runs that could erode financial stability.
Reports & sources
KAAL Rochester
Treasury report calls for stricter oversight of stablecoins (opens KAAL Rochester)St. Louis Post-Dispatch's feed description
Washington Post
Biden administration calls on Congress to take the lead regulating stablecoins (opens Washington Post)Washington Post's feed description
New York Times
Regulators Ask Congress to Create New Rules for Cryptocurrencies (opens New York Times)New York Times's feed description
CNN
Federal regulators want to slap bank-like rules on stablecoins (opens CNN)CNN's feed description