Yellen circles, Circle goes public, stablecoins under the spotlight

19th July, the President's Working Group will convene to discuss, specificallly stablecoins. This forms just one of many discussions the US regulators will have to decide how on earth they wrestle back control of crypto. The message is protecting citizens. Are they right, or is this the inevitable return to the mean for oversight and the only way crypto can move into mainstream adoption? Heavy-handed or harmonious? These are momentous times for the soul of this space of ours.

https://home.treasury.gov/news/press-releases/jy0276
https://home.treasury.gov/system/files/136/PWG-Stablecoin-Statement-12-23-2020-CLEAN.pdf

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