Fed Targets Stablecoins With Its Statements! - Coinleaks
Current Date:September 22, 2024

Fed Targets Stablecoins With Its Statements!

The Fed recently announced that it plans to assemble an “expert team” for the growing stablecoin issues.

Especially the last days stablecoin issues , was being talked about more and more. In line with the Fed’s recent statements, “for unregulated stablecoins” expert One study team He stated that he was preparing to create. The Fed’s vice president of audit, on the other hand, stated that he does not want to hinder innovation-based services. Also, the arrangements financial system to protectstated for the purpose.

Fed to Build Expert Team for Stablecoins

Not only for the current situation, but also for the ongoing stablecoinAddressing the problems of the Fed, on this issue “ expert One team He stressed that he will create When we look at recent times, the ongoing problems on the stablecoin side, BUSD crisis it has flared up. Emphasizing that he will follow the developments in the crypto sector more closely, the Fed stated that he will continue to work in this direction.

Recently BUSDhot on the side stablecoin problems has created an atmosphere of fear in crypto investors. The stablecoin of Binance, the world’s most popular and voluminous crypto exchange BUSDThe problems on the other hand continue.

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