CSBS outlines policy recommendations for regulators on stablecoin deposits
The Conference of State Bank Supervisors (CSBS) outlined policy considerations for the U.S. Treasury Department and the federal banking agencies to foster a national regulatory framework for stablecoins and tokenized deposits. The policy considerations seek to protect consumers, promote financial stability, and provide a level playing field for traditional financial institutions and new payment stablecoin issuers. “Stablecoin and tokenized deposit efforts should proceed in tandem,” sai...
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