US SEC Could Be Set to Start Regulating Stablecoins Soon
The forthcoming report mentioned by Bloomberg reinforces the US CFTC as another watchdog of those tokens.
Original source
Read on Finance MagnatesRelated market context
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo
Commodity Futures Trading Commission (CFTC) Chair Mike Selig said crypto markets have “for too long” operated under uncertainty, v...
CME faces potential regulatory hurdle as CFTC reviews 24-hour oil contract proposal
Continuous trading could reshape global energy markets, offering real-time responses to geopolitical events, but raises regulatory...
CFTC Staff Give DCMs a Path to Convert Perpetual-Style Digital Commodity Futures Into True Perpetuals
CFTC staff issued a no-action letter Friday enabling designated contract markets to convert existing perpetual-style digital commo...
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
The Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state fro...
CFTC sues New Mexico over federal jurisdiction infringement
The CFTC's legal actions could centralize prediction market regulation, impacting state autonomy and setting a precedent for feder...