US federal regulators set new expectations for stablecoin issuers

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US federal regulators set new expectations for stablecoin issuers

A group of leading US financial regulators has released a new statement on stack coins.

One of the main themes in crypto-regulatory news this year was stacking coins, the most important topic on December 23rd. announcement the President’s Financial Markets Working Group or the PWG. PWG includes representation from the Treasury, the Federal Reserve, the Securities and Exchange Commission and the Commodity Futures Trading Commission.