Remove Digital Currency Remove Master Account Remove Stablecoins
article thumbnail

Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom

PYMNTS

And legislation looms here in the United States that would set regulatory hurdles – and, depending on how you look at it, guardrails – on stablecoins in general. That’s a pretty wide net, as it would cover any number of stablecoins pegged to single currencies or baskets of currencies. Casting a Wide Net .

article thumbnail

The Fed’s crypto pivot: Unlocking banking access and its impact on payments

The Payments Association

The Federal Reserves shift on crypto banking access could impact payments, stablecoins, and digital assets. During the Biden Administration, the US Federal Reserve (the Fed) explored plans for Project Cedar, an early-stage framework for a potential central bank digital currency (CBDC). Why is it important?

article thumbnail

President Trump issues Executive Order on digital assets

The Payments Association

the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), or the National Credit Union Administration (NCUA)) are not included in the Working Group, especially given the allegations of an ‘Operation Choke Point 2.0.,’