Regulators must act ‘quickly’ on stablecoin regulation, Treasury says

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The nation’s top financial regulators met to discuss stablecoins, with Treasury Secretary Janet Yellen emphasizing “the need to act quickly to ensure there is an appropriate U.S. regulatory framework in place,” for these digital assets.

The nation’s top financial regulators met Monday to discuss stablecoins, with Treasury Secretary Janet Yellen emphasizing “the need to act quickly to ensure there is an appropriate U.S. regulatory framework in place,” for these digital assets, the Treasury Department said in a release.

Read more: U.S. needs a ‘strong regulatory framework’ for stablecoins, Fed’s Powell warns crypto investors

 

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