White House releases stablecoin report, says regulators could consider limiting 'multi-currency stablecoins'
December 23, 2020, 5:30PM EST · 1 min read The White House has released a statement on regulatory considerations for stablecoins — and it includes the potential for limitations on "multi-currency stablecoins." The statement comes from the Presidents Working Group on Financial Markets, which is a Treasury-centric working group that makes recommendations to the president and federal regulators. The group highlighted the importance of anti-money laundering and counter financial terrorism...
Source: theblockcrypto.com