Business & Finance

Reuters exclusively reports U.S. Treasury, financial industry discussing cryptocurrency ‘stablecoins’

Reuters exclusively reported that the U.S. Treasury Department met with a number of industry participants to quiz them about the risks and benefits posed by stablecoins — a rapidly growing type of cryptocurrencies, the value of which is pegged to traditional currencies. U.S. financial regulators are working to understand the risks and opportunities posed by cryptocurrencies to the traditional U.S. financial system and plan to issue a number of reports on the subject in the coming months.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Americas
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
Sign up for email updates

Subscribe
Sign up for email updates