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Stablecoins Don’t Need to be Issued by Banks: Federal Reserve Board Head
Stablecoins do not need to subject to full banking regulation and while they carry special risks, market participants apart from banks should be able to issue them, the Federal Reserve Board Governor Christopher Waller has said.
Restrictions on Senior US Federal Reserve Personal Trading After Controversy
Senior US Federal Reserve staff will be prohibited from buying individual securities and will be restricted from investing in diversified investment vehicles such as mutual funds, following an independent review of the trading activity of senior policymakers in recent months.