Express
Ex-commodities Chairman Timothy Massad Calls for More Regulation of Tether, Stablecoins
Summary: Former Commodity Futures Trading Commission chairman Timothy Massad is calling for more regulation of stablecoins. Timothy Massad told CNBC’s Jim Cramer that investors would benefit from more transparency in the wake of Tether Limited’s settlement with the New York attorney’s general office in February. “We need a better framework of regulation for tether and other ...
Former Commodity Futures Trading Commission chairman Timothy Massad is calling for more regulation of stablecoins. Timothy Massad told CNBC’s Jim Cramer that investors would benefit from more transparency in the wake of Tether Limited’s settlement with the New York attorney’s general office in February.
“We need a better framework of regulation for tether and other stablecoins,” Massad, a senior fellow at Harvard’s Kennedy School of Government, said Wednesday on “Mad Money.” “We need a better framework so that we can just be sure that there can’t be a run on something like this.”
By Amy Liu
Tags: Regulation,Stablecoins,Tether,Timothy Massad
Link: Ex-commodities Chairman Timothy Massad Calls for More Regulation of Tether, Stablecoins [Copy]
