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U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers

Posted on 11/08/2023

U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers

Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers ? a point of contention in the debate over legislation.

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