stablecoin regulation Archives - NXTalpha

7 days ago

UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown

Kevin Helms The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the...
1 week ago

SEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Says Stablecoins Not Real Threat to Financial Stability

Kevin Helms A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins...
2 weeks ago

US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

Kevin Helms As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the...
5 months ago

US Senator Says Defi Is the Most Dangerous Part of Crypto – Urges Regulators to Clamp Down Before It’s Too Late

Kevin Helms U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi...
6 months ago

Federal Reserve Governor Argues Against Subjecting Stablecoins to Full Banking Regulation

Kevin Helms Federal Reserve Board Governor Christopher Waller says that stablecoins do not need to be regulated with all the same rules as banks. He disagrees...
6 months ago

If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits

Reuben Jackson The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same...
7 months ago

US Treasury Will Give The SEC Authority Over Stablecoins: Report

Stefan The US treasury will give the SEC authority over stablecoins as the President’s working group on financial markets reported. Following the developments, we are going...
8 months ago

Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies

Kevin Helms Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit...
10 months ago

Treasury Secretary Yellen Asks US Regulators Overseeing Crypto Assets to ‘Act Quickly’ to Regulate Stablecoins

Kevin Helms U.S. Treasury Secretary Janet Yellen has asked the regulators overseeing crypto assets to “act quickly to ensure there is an appropriate U.S. regulatory framework...
10 months ago

US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC

Kevin Helms U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light...

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