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US regulators recommend issuers of 'stablecoins' be policed like banks

By Pete Schroeder and Michelle Price

Nov 2 2021 11:45AM

As digital currencies carve a place in the financial landscape.

US regulators recommend issuers of 'stablecoins' be policed like banks

A US Treasury Department-led regulatory body called for Congress to regulate issuers of "stablecoins" like banks and urged financial agencies to assess whether the role of these fast-growing digital assets in the country's payments system posed a systemic risk. The hotly awaited ...

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