Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks

Date:

“We have seen that the crypto financial system has all the same risks that we’re very familiar with from traditional finance,” she said in a speech at the Clearing House and Bank Policy Institute 2022 annual conference on Wednesday. But given the unique characteristics of crypto, there’s a need for “creating clear regulatory guardrails.”

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

BTC, ETH Marginally Higher as USD Weakens on Monday – Market Updates Bitcoin News

Following a red start to October, crypto prices...

First Mover Americas: Bitcoin Remains Above $19K as Long-Term Holders Stay the Course

The latest price moves in bitcoin (BTC) and...

Global banks’ exposure to crypto is around 0.01%

Global banking regulation standard Basel...