Deltec, the Bahamas-based bank that holds the reserves for stablecoin giant Tether, holds a “large position in bitcoin” according to its chief investment officer.
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Federal Reserve chairman Jerome Powell described the central bank’s work on stablecoins as a “very high priority” during a webinar on Thursday.
The post Jerome Powell says the Fed’s work on stablecoin risks is a ‘very high priority’ appeared first on The Block.
FinCEN has reopened the comment period for its proposed rule that would create new requirements for crypto transactions.
The post FinCEN reopens comment period for proposed crypto wallet rule appeared first on The Block.