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3232US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco
https://www.digit.info/us-lawmakers-push-for-urgent-stablecoin-regulation-fed-warns-of-stablecoin-runs-janet-yellen-cites-ust-fiasco/
Wed, 11 May 2022 00:00:56 +0000https://www.digit.info/2022/05/11/us-lawmakers-push-for-urgent-stablecoin-regulation-fed-warns-of-stablecoin-runs-janet-yellen-cites-ust-fiasco/Read more]]>As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial stability. Treasury Secretary Janet Yellen brought up the terrausd (UST) fiasco as an example of why a comprehensive regulatory framework is urgently […]
As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial stability. Treasury Secretary Janet Yellen brought up the terrausd (UST) fiasco as an example of why a comprehensive regulatory framework is urgently […]