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issuers

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16 Apr 23

US draft bill on stablecoins places issuers like Tether under the Federal Reserve oversight

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A new draft bill that provides a stablecoin framework in the United States will see private issuers such as Circle, the issuer of USDC, and Tether Holding, the firm behind USDT, placed under the Federal Reserve (Fed) oversight. The Fed is […]

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23 Feb 23

Canada goes hard on algorithmic stablecoin issuers

Stablecoins backed by fiat currencies may be exempt from regulation provided their reserves are liquid and undergo monthly audits, according to Canadian watchdogs. This comes as s new report by the CSA reveals a new set of guidelines for crypto entities, most of which were directed to stablecoin issuers. The Canadian Securities Administrators, comprised of securities […]

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20 Dec 22

Coinbase CEO calls for regulation of stablecoin issuers

Coinbase’s CEO, Brian Armstrong, proposed a plan on Monday to bring regulatory stability to the crypto industry. He believes the law will encourage the adoption of stablecoins. Stablecoin issuer regulation: a positive development Armstrong has argued in a blog post that regulation should start with centralized entities like stablecoin issuers, exchanges, and custodians because they […]

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