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The regulators are getting concerned as both new and established firms are rushing to find ways to profit from digital currency into the traditional financial system through quasi-banking services like interest-bearing accounts and lending

Regulators Rushing To Introduce Oversight Framework For Crypto Industry

The Treasury Department is planning an oversight framework for the crypto industry, especially for the stablecoins

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Published - Sep 23, 2021, 09:05 PM ET
Last Updated - Jun 05, 2024, 02:19 AM EDT

By Arghyadeep Dutta, 3:00 pm ET:

Key Points:

• The Treasury Department is planning an oversight framework for the crypto industry, especially for the stablecoins

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