Educating Regulators a Priority, Say Blockchain Policy Experts
At Consensus 2016, expert panelists took turns discussing the future regulatory climate for digital currencies like bitcoin.
Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S.
Brian Brooks left Coinbase to lead the U.S. Office of the Comptroller of the Currency last month.
The rule would have prohibited U.S. banks from denying services based on ideological factors.
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations
A research paper from China's banking regulator suggests the country should let ICOs operate legally under a financial regulatory framework.