Yellen Urges Federal Agencies to ‘Act Quickly’ on Stablecoin Regulation

Jul 20, 2021

Treasury Secretary Janet Yellen convened a meeting Monday of the President’s Working Group on Financial Markets (PWG) to discuss stablecoins. CoinDesk’s Nikhilesh De shares the key takeaways, proposing the regulatory outcome. Plus, his take on Mastercard potentially testing USDC for payments.

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