Outside Source
Trump’s administration plans to regulate stablecoins and bring the market onshore, with a focus on US dollar-backed digital assets, according to crypto czar David Sacks.
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US President Donald Trump’s administration has confirmed plans to regulate and bring stablecoin innovation onshore, according to Trump’s crypto czar, David Sacks.
Stablecoins are one of the key areas of focus for the Trump administration, alongside Bitcoin (BTC) adoption and blockchain development, Sacks said on CNBC’s Closing Bell Over Time on Feb. 4.
This article first appeared at Cointelegraph.com News
