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Following Release of Stablecoins Report, Open Markets Urges Regulators to Use Existing Tools to Protect Investors and Mitigate Systemic Risks
November 02, 2021
WASHINGTON, Nov. 2 (TNSRep) -- Open Markets Institute issued the following news release on Nov. 1, 2021:

The Biden Administration released its report on stablecoins, digital currencies tied to fiat currencies such as the U.S. dollar.

Previously, Open Markets urged the President's Working Group on Financial Markets (in collaboration with the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation), which wrote and released the report, . . .

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