Fed’s Barr Calls for Balanced US Stablecoin Rules Under GENIUS Act

Fed governor Michael Barr says the GENIUS Act offers clarity for US stablecoin issuers but warns regulators still face hard choices on reserves and AML controls.

By · · 1 min read
Fed’s Barr Calls for Balanced US Stablecoin Rules Under GENIUS Act

Source: Cointelegraph

Fed governor Michael Barr says the GENIUS Act offers clarity for US stablecoin issuers but warns regulators still face hard choices on reserves and AML controls.

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