Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: sirty143 on November 13, 2021, 01:07:20 PM

Title: USDC issuer Circle supports proposal to regulate stablecoin issuers as banks
Post by: sirty143 on November 13, 2021, 01:07:20 PM
(https://i.imgur.com/y0PdYELm.jpg)

Issuers of stablecoins like Tether (USDT) and USD Coin (USDC) may soon be required to work under the same regulations as banks, but that seemingly doesn’t frighten the CEO of the USDC-issuer Circle. Commenting on the Biden administration’s proposal to work on a bank-like regulation... See more for yourself here (https://cointelegraph.com/news/usdc-issuer-circle-supports-proposal-to-regulate-stablecoin-issuers-as-banks).

Your opinion is greatly appreciated.