ABSTRACT

Stablecoins: Legal Issues and Regulatory Options (Part 2) [June 9, 2022]   [open pdf - 668KB]

From the Document: "In November 2021, the President's Working Group on Financial Markets (PWG) recommended [hyperlink] that Congress enact legislation limiting stablecoin issuance to insured depository institutions. Other commentators have advocated different regulatory strategies [hyperlink], ranging from a bespoke federal licensing regime to an outright ban on stablecoin issuance. This Legal Sidebar--the second in a two-part series--explores regulatory options for stablecoins. The first part [hyperlink] of the Sidebar series provides an overview of the existing legal framework governing stablecoins."

Report Number:
CRS Legal Sidebar, LSB10754
Author:
Publisher:
Date:
2022-06-09
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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