Fed’s Bowman Says Bank Regulators Working on Stablecoin Rules
The Federal Reserve’s top bank cop plans to tell House lawmakers Tuesday that she will work to establish new rules for banks and stablecoins, as regulators seek to ensure healthy...
By Katanga Johnson · Bloomberg Markets
The Federal Reserve’s top bank cop plans to tell House lawmakers Tuesday that she will work to establish new rules for banks and stablecoins, as regulators seek to ensure healthy competition between Wall Street, fintechs and crypto firms.