Fed's Powell urges broader regulation for stablecoins
https://apnews.com/c26ebb60cc618fe1b917166984bee93a
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that stablecoins will need greater regulation as they become more widely used by consumers.
Powell also said, in virtual remarks to a conference on digital finance in Paris, that the Fed hasn't yet decided on whether to proceed with a digital dollar.
Fed's Powell urges broader regulation for stablecoins
Sep 27, 2022, 2:20pm UTC
https://apnews.com/c26ebb60cc618fe1b917166984bee93a
> WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that stablecoins will need greater regulation as they become more widely used by consumers.
> Powell also said, in virtual remarks to a conference on digital finance in Paris, that the Fed hasn't yet decided on whether to proceed with a digital dollar.