Dollar-backed stablecoins

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New York State - First U.S. Regulator to Issue Guidance for DFS Regulated Dollar Backed Stablecoins - News Brief

9 Jun 2022 4 minute read 1 comment kev_nag

Introduction Today, June 8, 2022, the New York State Department of Financial Services (DFS) released its guidance for U.S. dollar-backed stablecoins issued by DFS-regulated entities. The Superintendent of the notoriously rigid DFS, Adrienne A. Harris...