United States of America: President’s working group on financial markets released the report on stablecoins including legislative recommendations
Description
President’s working group on financial markets released the report on stablecoins including legislative recommendations
On 1 November 2021, the United States (US) President of the Working Group on Financial Markets (PWG) alongside two other government agencies, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) pu…
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body