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US Senate confirms Michael Barr as Fed vice chair for supervision

Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs.

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US Senate confirms Michael Barr as Fed vice chair for supervision

Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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