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Circle CEO: The United States is likely to introduce laws and regulations for stablecoin issuers

Circle CEO: The United States is likely to introduce laws and regulations for stablecoin issuers

CointimeCointime2024/01/16 00:21
By:Cointime

Circle CEO Jeremy Allaire stated in an interview with CNBC that there is a "very big opportunity" for laws and regulations targeting stablecoin issuers to be passed in the United States this year.

He believes that the regulatory development of the cryptocurrency industry is accelerating globally, and the United States is more likely than before to approve stablecoin laws. Jeremy Allaire said, "This is the desire of the government, the Treasury Department, the Federal Reserve, and both houses of Congress."

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