Stablecoin Regulation

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Pressure Continues on US Banking System

27 Apr 2023 2 minute read 1 comment ulriklykke

The US banking system is facing continued turbulence, as First Republic Bank (FRC) becomes the latest casualty. The San Francisco-based bank has seen its shares plummet by over 50% this week, following the release of its first quarter results, which...

Stablecoins Find a Friend in Federal Reserve Governor Christopher Waller

20 Nov 2021 4 minute read 0 comments kev_nag

Earlier this month the President's Working Group made recommendation that stablecoin issuance be restricted to banks and other insured depositary institutions. The PWG specifically recommended that Congress should pass legislation to this effect. [Se...