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U.S. regulator's approval of stablecoin payments provides regulatory building block, compliance challenge - Vimarsana News

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...

IA BRIEF-SEC identifies compliance side effects from operating during COVID-19 - Vimarsana News

IA BRIEF-SEC identifies compliance side effects from operating during COVID-19

6 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 man types on a computer keyboard in front of the displayed cyber code in this illustration. As investment advisers continue to develop new ways to cope with COVID-19, “new challenges may arise from the solutions,” U.S. compliance professionals were told at a recent U.S. Securities and Exchange Commission outreach seminar. “This is an evolving situation and we will remain cognizant of the reality on the ground,” Peter Driscol...