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(USA) Treasury Secretary: Agencies Must Develop Stablecoin Regulations (Nextgov)

Brandi Vincent writes for Nextgov: Leading U.S. financial regulators got a preview of an in-the-works report federal staff is preparing on stablecoins—a new class of cryptocurrencies that typically try to peg value to other assets—during a meeting convened by U.S. Treasury Secretary Janet Yellen on Monday.

go to Nextgov website: Treasury Secretary: Agencies Must Develop Stablecoin Regulations – Nextgov