Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks

Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks

by Jeremy

“We have seen that the crypto financial system has all the same risks that we’re very familiar with from traditional finance,” she said in a speech at the Clearing House and Bank Policy Institute 2022 annual conference on Wednesday. But given the unique characteristics of crypto, there’s a need for “creating clear regulatory guardrails.”

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