The U.S. Treasury Department is officially opening the floor for public comment on how to implement the nation’s first major stablecoin law. Treasury Invites Comment on Stablecoin Oversight The Advance Notice of Proposed Rulemaking (ANPRM) asks the public to weigh in on how the Treasury should tailor safeguards for payment stablecoins without choking off innovation. […]
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Investor and hedge fund manager Mark Yusko said that the proposed CLARITY Act could strengthen the position of large financial institutions in crypto markets rather than support decentralization,...
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