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Top US Regulators Urge Congress to Pass Legislation on Crypto Assets

The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet…

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US Financial Stability Oversight Council identifies stablecoins and cryptos as threats to financial system

"The Council recommends that state and federal regulators review available regulations and tools that could be applied to digital assets," says the FSOC.

Continue ReadingUS Financial Stability Oversight Council identifies stablecoins and cryptos as threats to financial system