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Author Topic: Treasury to Give SEC Considerable Authority Over Stablecoins Like Tether: Report  (Read 522 times)

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The President's Working Group on Financial Markets, convened by Treasury Secretary Janet Yellen, is reportedly ready to release its report. Earlier this year, as questions swirled around the growing prominence of Tether and other stablecoins within the crypto industry, U.S. Treasury Secretary Janet Yellen called a snap meeting of financial regulators. The goal was to develop a game plan for regulating the $130 billion asset class.

It appears as though it has one. Source


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