U.S. regulator's approval of stablecoin payments provides regulatory building block, compliance challenge
9 Min Read New York(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: bit.ly/TR-RegIntel A representation of virtual currency Bitcoin and U.S. One Dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. A new interpretive letter from the Office of the Comptroller of the Currency allowing the use of stablecoin cryptocurrency for bank payments opens a pathway for mainstream finance to live-test digital assets in a relatively safe corner of the market. The decision greenlights what some...