The Financial Crimes and Enforcement Network has revealed its stance on stablecoins. Kenneth A. Blanco, director of the U.S. government body, has declared that stablecoins are a form of money transmission and must be regulated as such. FinCEN’s stance is based on how stablecoins are used rather than their technical underpinnings. “It is not what you […]The post FinCEN Says Stablecoin Companies Must Observe Regulations appeared first on Crypto Briefing.
