Stablecoins in the Hot Seat as SEC Investigates Circle

Posted on by American Coins & Gold

Stablecoins in the Hot Seat as SEC Investigates Circle
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW homes in on recent reports surrounding the Biden administration’s plans for stablecoins. A new report from the Wall Street Journal says there is a debate between using the Financial Stability Oversight Committee to add new rules for stablecoins and to regulate stablecoin issuers like banks. The crypto industry’s big question seems to be: Will crypto institutions be allowed to play, or will big banks shove them out?See also: The US Inches Closer to Stablecoin Rules“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and…