US Treasury reportedly in talks for stablecoin regulation

Amid massive growth of the stablecoin market, the United States Treasury Department has reportedly discussed potential regulation for private stablecoins. The Treasury conducted several meetings last week to examine the risks of stablecoins for users, markets or the financial system as well as to learn about their benefits and consider potential regulation, Reuters reported on Sept 10. “The Treasury Department is meeting with a broad range of stakeholders, including consumer advocates, members of Congress and market participants,” Treasury spokesman John Rizzo said.
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- CoinRado.com