Deeply Concerned" About Stablecoin Issuance Without Strong Federal

Janak9955 · Post time 31-10-2023 06:48:53

Fed's Bostic states that the Fed has a "long way to go" regarding the issuance of central bank digital currencies. The Fed will only move forward with digital currency if there is clear support from the executive branch and legislative support from Congress. He still expresses "deep concerns" about stablecoin issuance without strong federal regulation.

Jatin255 · Post time 31-10-2023 07:31:49

There's quite a bit of regulation in the world of cryptocurrencies.

Jiger955 · Post time 31-10-2023 08:04:10

With this market now in place, it's important to strengthen regulation.

Jiten171 · Post time 31-10-2023 08:31:34

Will this help reduce crime?