Lack of stablecoin regulation might push issuers out of US — Austin Campbell

United States lawmakers mentioned the function of stablecoins in a committee listening to, however some consultants expressed concern concerning the nation’s regulatory setting.

In an April 19 listening to of the U.S. Subcommittee on Digital Belongings, Monetary Expertise and Inclusion, Austin Campbell, an adjunct assistant professor on the Columbia Enterprise Faculty, mentioned areas together with Singapore, Dubai, Abu Dhabi and the UK have already proposed frameworks for stablecoins that might provide a aggressive regulatory setting for issuers searching for a house.

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