Fed’s Caution On Stablecoins Risks Countered With Recognition Of Innovation Potential
The use of stablecoins has recently come under increased scrutiny from the United States central bank. In a move to ...
Tag: Michael Barr
Fed Official Cautious About Unregulated Stablecoins Like USDC, USDT
Michael Barr, a high-ranking official at the US Federal Reserve, expressed concern over the growing use of "unregulated" stablecoins pegged ...
Crypto Needs ‘Guardrails’ To Realize Positive Effects On Financial System, Top Fed Official Says
Michael Barr, Federal Reserve Vice Chair for Supervision, has acknowledged that crypto technology still holds promise for transforming the financial ...
