#StablecoinLaw

Stablecoin law refers to the regulatory framework governing the issuance and operation of stablecoins, digital assets designed to maintain a stable value, often pegged to fiat currencies or commodities. As their popularity surges, lawmakers worldwide are developing criteria to ensure consumer protection, mitigate risks associated with financial stability, and prevent illicit activities like money laundering. In the U.S., the Financial Stability Oversight Council (FSOC) and other agencies are considering guidelines that require disclosures, reserve audits, and compliance with existing financial regulations. Effective stablecoin regulation will aim to balance innovation within the cryptocurrency space with safeguarding the broader financial system.