In reply to an additional query from former U.S. Commodity Futures Buying and selling Fee Chairman Timothy Massad, Campa additionally appeared to share issues voiced by the U.S. central financial institution, Federal Deposit Insurance coverage Company, and Workplace of the Comptroller of the Forex that stablecoins on decentralized, permissionless blockchains might show unsafe or unsound.
EU May Veto Massive Stablecoins Throughout Approval Course of Underneath MiCA, EBA Indicators
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