Stablecoins
US Treasury to Say SEC Can Regulate Stablecoins: Report
SEC Chairman Gary Gensler wants more authority before Congress works out how best to regulate the cryptocurrencies.
Mastercard Partners With Bakkt for Crypto Payments
Mastercard and digital asset platform Bakkt are teaming up to allow merchants and banks to build cryptocurrency into their offerings. The two companies plan to also shake up the way consumers can collect loyalty rewards. "The Hash" hosts discuss the development as a possible big step forward in bringing stablecoins and other cryptocurrencies to a wider market.
What CBDCs Mean for the Future of DeFi and Stablecoins
Central bank-issued digital currencies are an existential threat to permissionless stablecoins and finance.
Chris Giancarlo: 'Crypto is A Solution to Old, Expensive, Exclusive Existing Legacy System'
As bitcoin hits a 6-month high following the first U.S. bitcoin futures ETF "BITO" rising since its Tuesday trading debut, Chris Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), discusses where BITO fits among the larger regulatory picture in the U.S. within the SEC, CFTC, and Congress. Plus, his views on stablecoins, state issues around crypto lenders, and more.
‘Bridge Szn’ Continues With $2M Raise for Stablecoin Connector Symbiosis
Blockchain.com Ventures is leading an investment in a different type of cross-chain bridge.
US Lawmakers Push Back on Facebook’s Novi Wallet Launch
A group of U.S. lawmakers have ordered Facebook CEO Mark Zuckerberg to “immediately discontinue the company’s pilot of Novi” and end its work on the Diem stablecoin project, saying the social media giant cannot be trusted to launch a digital currency. "The Hash" team discusses Facebook's latest regulatory hurdle.
What Stablecoins Might Become
At issue is whether issuers of the digital assets will be regulated like banks.
Gensler for a Day: How Rohan Grey Would Regulate Stablecoins
Stablecoins make use of the same shadow banking carveout that imperiled the financial system in 2008. That can’t continue, says the co-author of the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act.
US Regulators Put Spotlight on Stablecoins
Stablecoins are in the spotlight as U.S. lawmakers call for tougher crypto regulation. Teana Baker-Taylor, chief policy officer at the Chamber of Digital Commerce, shares her key recommendations to the President's Working Group on Financial Markets (PWG) on its regulatory treatment for stablecoins. Plus, the latest status of the $1 trillion infrastructure bill in Congress.
Crypto 2022 Policy Week: Reckoning With Regulation
Steven Kelly, research associate at Yale University's Program on Financial Stability, discusses what to expect from the Federal Reserve’s report on CBDCs, stablecoins and crypto, and what crypto regulation could look like in the U.S.