Auto Added by WPeMatico

$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus

The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether's exposure to the U.S. credit system.

Continue Reading$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus

SEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Says Stablecoins Not Real Threat to Financial Stability

A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins are currently “not a real threat”…

Continue ReadingSEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Says Stablecoins Not Real Threat to Financial Stability