NYAG Letitia James Urges Fed Oversight, FDIC Protections in Stablecoin Legislation

New York Attorney General Letitia James is warning that dangerously flawed stablecoin payments may expose U.S. monetary markets to chaos by missing crucial guardrails and enforcement. Weak Stablecoin Bills Risk Undermining US Financial Stability, James Warns New York Attorney General Letitia James has raised issues that proposed federal laws on stablecoins lacks the safeguards wanted […]
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