CFTC Expands Stablecoin Collateral Rules as National Trust Banks Gain Approval

U.S. regulators moved to legitimize stablecoins astatine the national level, expanding approved uses and elevating nationalist spot banks’ relation arsenic outgo tokens summation momentum crossed mainstream fiscal infrastructure. CFTC Expands Eligible Stablecoins for Regulated Collateral Use The Commodity Futures Trading Commission (CFTC) announced connected Feb. 6 that its Market Participants Division reissued CFTC Staff Letter […]