Yellen urges quick U.S. adoption of stablecoin rules

20 Tháng Bảy 2021
Yellen urges quick U.S. adoption of stablecoin rules © Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services about the FY22 Treasury budget request on Capitol Hill, in Washington, DC, U.S., June 23, 2021. Shawn Thew/Pool via REUTERS/

By Pete Schroeder

WASHINGTON (Reuters) -Treasury Secretary Janet Yellen told regulators Monday that the U.S. government must move quickly to establish a regulatory framework for stablecoins, a rapidly growing class of digital currencies.

A group of U.S. regulators plans to issue recommendations in the coming months for fixing any regulatory gaps around stablecoins, the Treasury Department said in a statement.

Monday's meeting of the President's Working Group on Financial Markets, which convenes top financial watchdogs, underscores how quickly policymakers are moving to ensure their rules can keep up with rapid technological changes across digital currencies.

The group discussed the rapid growth of stablecoins, which are cryptocurrencies that attempt to peg their values to a conventional currency, like the U.S. dollar, according to the Treasury. Regulators discussed their potential uses, as well as risks to end users and the financial system.

Fed Chair Jerome Powell told lawmakers during congressional hearings last week that stablecoins are "growing incredibly fast" but pointed to their lack of appropriate regulation as a point of concern.

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03-08-2021 09:14:30 (UTC+7)

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 EUR/USD1.1875Buy
 GBP/USD1.3894Sell
 USD/JPY109.22↑ Sell
 AUD/USD0.7367↑ Buy
 USD/CAD1.2508↑ Buy
 EUR/JPY129.72↑ Sell
 EUR/CHF1.0747↑ Sell
 Gold1,815.25Sell
 Silver25.402↑ Sell
 Copper4.4260↑ Buy
 Crude Oil WTI71.45Buy
 Brent Oil73.03Buy
 Natural Gas3.976↑ Buy
 US Coffee C172.95↑ Sell
 Euro Stoxx 504,116.62↑ Sell
 S&P 5004,387.11Sell
 DAX15,568.73↑ Sell
 FTSE 1007,081.72↑ Sell
 Hang Seng25,908.00↑ Sell
 Small Cap 20002,218.51Buy
 IBEX 358,758.70Neutral
 BASF66.305↑ Sell
 Bayer50.57↑ Sell
 Allianz194.20↑ Buy
 Adidas318.15↑ Buy
 Lufthansa9.531↑ Sell
 Siemens AG135.28Buy
 Deutsche Bank AG10.510↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,660/ 5,720
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SJC HCM5,650/ 5,720
(0/ 0) # 688
SJC Hanoi5,650/ 5,722
(0/ 0) # 690
SJC Danang5,650/ 5,722
(0/ 0) # 690
SJC Nhatrang5,650/ 5,722
(0/ 0) # 690
SJC Cantho5,650/ 5,722
(0/ 0) # 690
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