What You Must Know About Biden’s Stablecoin Report

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This episode is sponsored by NYDIG.Obtain this episodeThe President’s Working Group on Monetary Markets has lastly launched its much-anticipated report on Stablecoins. On this episode, NLW breaks down:The PWG’s three main issues surrounding stablecoinsThe significance of its advice that Congress legislate stablecoinsThe reactions of the crypto neighborhood, stablecoin issuers and politiciansSee additionally: The US Treasury’s Stablecoin Report Would Deal with Issuers Like Banks, however Doesn’t Deal with How“The Breakdown” is written, produced by and options Nathaniel Whittemore aka NLW, with enhancing by Rob Mitchell, analysis by Scott Hill and extra manufacturing assist by Eleanor Pahl. Adam B. Levine is our govt producer and our theme music is “Countdown” by Neon Seashore. The music you heard as we speak behind our sponsor is “Darkish Crazed Cap” by Isaac Joel. Picture credit score: Samuel Corum/Bloomberg/Getty Photos, modified by CoinDesk.

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