Holi_Box
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Token2049 conference in Dubai, according to CNBC.
This comes as U.S. lawmakers advance legislation including the STABLE Act, backed by House Financial Services Chair French Hill and Digital Assets Subcommittee Chair Bryan Steil.
Regulatory Debate Intensifies Over Stablecoin Oversight
The STABLE Act has faced criticism from regulatory experts. Former CFTC Chair Timothy Massad expressed concerns during a February congressional hearing, warning that the bill:
Risks fragmented state standards
Lacks ongoing federal oversight
Offers an “inadequate review process” for issuers like Tether
Nonetheless, Tether has stepped up its lobbying efforts in Washington, aiming to shape the legal framework for U.S.-based stablecoins.
#USDT
#USDC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
#Holi_Box
$BTC
Regulatory Debate Intensifies Over Stablecoin Oversight
The STABLE Act has faced criticism from regulatory experts. Former CFTC Chair Timothy Massad expressed concerns during a February congressional hearing, warning that the bill:
Risks fragmented state standards
Lacks ongoing federal oversight
Offers an “inadequate review process” for issuers like Tether
Nonetheless, Tether has stepped up its lobbying efforts in Washington, aiming to shape the legal framework for U.S.-based stablecoins.
#USDT
#USDC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
#Holi_Box
$BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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