Author: cryptoz7

The dual banking system is a cornerstone of U.S. financial regulation, allowing banks to choose a charter under either federal or state authority. For stablecoins, the Treasury’s rule extends this concept by requiring issuers to satisfy the requirements of both levels of government. In accordance with the proposal, stablecoin issuers must obtain registration from a…

Read More

CFTC Chairman Michael Selig said the decision to stop the fast-track move was necessary. “As I’ve said repeatedly, we do not take a one-size-fits-all approach to 24/7 trading,” Selig stated. Selig also said the CFTC “encourages exchanges to work with agency staff to address potential legal issues before seeking to list novel contracts.” CME had…

Read More