Why Is the Federal Reserve Considering Stablecoin Regulation?

The Federal Reserve is now planning to regulate stablecoins and recognize their growing importance in the financial landscape

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Jerome Powell has also emphasized the need for a legal framework for stablecoins to navigate uncharted waters effectively

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Financial experts also agree that without regulation, stablecoins could face challenges despite being tied to the USD

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The Federal Reserve is preparing for policy adjustments to maintain economic stability

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