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Compound General Counsel: The "Stablecoin KYC" Statement is not an Active Proposal to Change US Law
Summary: Compound general counsel Jake Chervinsky tweeted that the "stablecoin KYC" statement from the President's Working Group is not an active proposal to change US law. It's just an "initial assessment" of "considerations" from a couple policymakers with dim views on crypto & not many days left in their tenure. Today, the White House has released a ...
Compound general counsel Jake Chervinsky tweeted that the "stablecoin KYC" statement from the President's Working Group is not an active proposal to change US law. It's just an "initial assessment" of "considerations" from a couple policymakers with dim views on crypto & not many days left in their tenure. Today, the White House has released a statement on regulatory considerations for stablecoins — and it includes the potential for limitations on "multi-currency stablecoins".
By Amy Liu
Tags: Jake Chervinsky,PWG,Stablecoin
Link: Compound General Counsel: The "Stablecoin KYC" Statement is not an Active Proposal to Change US Law [Copy]
