US Treasury Secretary Yellen: Regulators must act quickly to establish US regulatory framework for stablecoins - Statement.
US Treasury Secretary Yellen met with Fed's Powell, leaders of the #SEC, #CFTC, and #FDIC are to examine #stablecoins, emphasizing the need of acting promptly to provide a proper regulatory framework.
In the following months, US Treasury Secretary Yellen and other members of the president's working group on financial markets will provide recommendations on #stablecoins.