Powerful blockchain lobby group urges Washington not to overregulate stablecoins

[newshunter]

Powerful blockchain lobby group urges Washington not to overregulate stablecoins

The stablecoin market is valued at over $130 billion and growing rapidly, putting federal regulators on high alert over systemic risk.

Source: Powerful blockchain lobby group urges Washington not to overregulate stablecoins

Would appreciate your opinion about this

[TomPluz]

The government should be approaching regulations with cryptocurrency with care and balancing act...and there must be that open dialogue and communications with the leaders of the crypto industry all the time. The goal is to make the industry safe for all parties involved, run after scammers and evil players and of course make sure there is that fair taxation system in placed that all can accept.