Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
PYMNTS
DECEMBER 7, 2020
Companies that seek to issue stablecoins will have to get approval from the Fed, the FDIC and other regulators at least six months prior to launch. The Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure that would underpin digital dollar issuance.
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