US regulators say issuers of 'stablecoins' should be policed like banks

US regulators say issuers of 'stablecoins' should be policed like banks


A U.S. Treasury Department-led regulatory body called on Monday for Congress to regulate issuers of "stablecoins" like banks and urged financial agencies to assess whether the role of these fast-growing digital assets in the country's payments system posed a systemic risk.

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