Stablecoins to face bank-like U.S. regulation under draft House bill – source
By Pete Schroeder WASHINGTON (Reuters) – Issuers of so-called “stablecoins,” virtual currencies whose value is pegged to traditional currencies, would face bank-like regulation and oversight under a draft bill from senior U.S. House lawmakers, according to a source familiar with the matter. Senior Democrats and Republicans on the House Financial Services Committee have nearly completed …
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