Biden Administration to Congress: Put Stablecoins Under Federal Supervision – Or We Will
If U.S. lawmakers don’t act, regulators have the authority to take their own measures, according to the long-awaited report from the President’s Working Group on Financial Mar...
![LEGISLATE, PLEASE: “The current regulatory framework isn’t set up to address some of the new kinds of risks that [stablecoins] could pose,” says Treasury Under Secretary Nellie Liang. (Andrew Harrer/Bloomberg via Getty Images)](https://www.coindesk.com/resizer/omA8XhWcO8ln_ek74iVY12Cn6wk=/1710x1140/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MNIOUC5FZVC5HCDNOQJMTBKSCM.jpg)
Sponsored
Nov 1, 2021 at 7:43 p.m. UTC
Nov 1, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LYDUCHBSCZDBHFWGW55AAH5DKA.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/QG25MP7LIJGQLMANJU4FJL6C7A.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KY2PU4HRJVBDBKFEQLBF247BRM.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/H2GN36OOQBBJRB6QZPKG5WKYI4.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/676NITM2RJCBRFSGGTE6TNI4NI.png)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3GDCAAQOBFGAHDBAYYD7KR4JE4.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/K7HAYUBFYJH6NOVSGMNVSFTJRA.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UF7WK534MVE47GNTPLL7N7HQ7U.jpg)
