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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Federal Reserve Chairman Jerome Powell reiterated the need of robust central-bank oversight in the ongoing development of stablecoin regulations by the House Financial Services Committee. Powell further disclosed that the Federal Reserve’s staff has been actively
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The European Banking Authority (EBA) is pushing for an expansion of its guidelines on money laundering and terrorist financing risk factors to encompass “crypto-asset service providers.” The European Union’s financial regulator asserted that these guidelines should incorporate
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Staffers at the Bank of Canada released an analytic note on fiat-referenced crypto assets, otherwise known as stablecoins, Dec. 19. In addition to a review of mechanisms for creating and distributing stablecoins and a list of the potential risks and benefits they involve, the note expressed the authors’ support for
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