POLITICO
Get the POLITICO Influence newsletter
Email
Sign Up
By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
With Daniel Lippman
DOLE ANNOUNCES CANCER DIAGNOSIS: Former Kansas Sen.
Bob Doleannounced this morning that he has been diagnosed with stage 4 lung cancer. My first treatment will begin on Monday,” the former Senate GOP leader and presidential nominee said in a tweeted statement. “While I certainly have some hurdles ahead, I also know that I join millions of Americans who face significant health challenges of their own.”
Anne Ross elected as NFMA chair bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins
The White House
Updated Dec 24, 2020 at 3:44 p.m. UTC
Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins
Stablecoins should meet the same regulatory standards as other aspects of the financial system, says U.S. President Trump’s Working Group on Financial Markets.
The working group published a report Wednesday detailing how it views retail payments using stablecoins and asking for public feedback on the issue.
Stablecoins must meet appropriate money-laundering and oversight requirements, the document said:
“Where a stablecoin that is primarily used for retail payments is adopted at a significant scale in the United States, the associated risks may require additional safeguards. We encourage relevant participants engaged in the design of such stablecoin arrangements and their functions, operations, transactions, and risk management to align with key principles.”