Coin Market Solution logo Coin Market Solution logo
amzn_assoc_placement = "adunit0"; amzn_assoc_search_bar = "true"; amzn_assoc_tracking_id = "zoneclassifie-20"; amzn_assoc_ad_mode = "manual"; amzn_assoc_ad_type = "smart"; amzn_assoc_marketplace = "amazon"; amzn_assoc_region = "US"; amzn_assoc_title = "Zone Amazon Picks"; amzn_assoc_linkid = "d3f6b917bd73580d5f8c38b01615c334"; amzn_assoc_asins = "B07L4ZW3T8,B09CYMV75Y,B00004SWL0,B08F9JN2BK";
cryptonews 2024-10-29 16:17:52

Paxos Letter to Harris and Trump Highlights Urgent Need for Stablecoin Regulation

In a letter to Vice President Kamala Harris and former President Donald Trump, Paxos CEO Charles Cascarilla has called for urgent U.S. regulatory clarity on stablecoins and blockchain technology. Cascarilla argues that embracing these technologies is crucial for modernizing the U.S. financial system and maintaining global competitiveness against nations like Singapore, the UAE, and the EU, which have already established supportive regulatory frameworks. He warns of the risk of losing financial leadership and talent if the U.S. fails to act. The post Paxos Letter to Harris and Trump Highlights Urgent Need for Stablecoin Regulation appeared first on Cryptonews .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.