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Regardless of Bitcoin itself, it seems the US has started looking at Federal regulation of stablecoins only this year. The way it looks to me, the existence of
by codebolt 5y ago
Regardless of Bitcoin itself, it seems the US has started looking at Federal regulation of stablecoins only this year. The way it looks to me, the existence of wildcat stablecoins are an important pillar keeping the crypto economy afloat. Just this week Tether was seen printing billions again, just as Bitcoin started going south.
- Animats 5y agoTether has a lot of people worried. It's a big enough issue to have reached Cabinet level. Tether now has US$76 billion outstanding. This can't end well.