Tag: Stablecoin
US Congress Rejects PWG Stablecoin Proposals
Reading time: < 1 minuteThe US House of Representatives Financial Services Committee has not given its support to the PWG proposal to equate the issuers of “stablecoins” with depository institutions with mandatory deposit insurance.
Meta Wants to Sell its Diem Project
Reading time: < 1 minuteMeta-backed stablecoin project Diem (formerly Libra) is falling apart under pressure from regulators.
