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Legal
Re: Stablecoins get more regulated
by
mich
on
04/12/2020, 06:36:50 UTC
Quote from: satonako on December 03, 2020, 12:55:53 PM
Stablecoin issuers start looking more like regular banks as now US lawmakers require to obtain bank charters. Basically all of them will be under control of the state.
Do you think it a positive move?
https://www.coindesk.com/us-lawmakers-introduce-bill-that-would-require-stablecoin-issuers-to-obtain-bank-charters
Yes i think this is a very positive move that stable coins are getting more regulated.
Regulation leads to legitimacy of crypto so the more that banks and law makers become involved, the better it is for all of us.