ChainCatcher reports that, according to Jinshi, International Monetary Fund Deputy Managing Director Gita Gopinath stated that stablecoins pose risks, but a clear regulatory framework can effectively mitigate these risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Hong Kong to Reveal First Stablecoin License Winners April 10
The Hong Kong Monetary Authority is ready to take a big step into crypto regulation. On April 10 at 5 p.m., it will announce the first group of companies allowed to issue stablecoins in the city
This comes after months of review and growing interest from the industry. A total of 36 firms applied b
Coinfomania1h ago
Iran pays “Hormuz tolls” using Bitcoin! A fully loaded oil tanker trip costs $2 million
Reports say that Iran plans, during a U.S.-Iran ceasefire period, to require tankers transiting the Strait of Hormuz to pay a toll of $1 per barrel in Bitcoin and cryptocurrencies. The cost for a single trip could reach $2 million. A fully loaded tanker must declare its cargo and make payment with cryptocurrency, while also ensuring the transaction is not tracked. The move is intended to evade the risk of sanctions from the traditional financial system.
区块客1h ago
France Advances Law Mandating Self Custody Funds' Disclosure
The French National Assembly passed a bill requiring users to disclose self-hosted wallets with over €5,000, despite DGFIP's inability to verify data. Critics warn this may increase cybersecurity risks for users.
Coinpedia4h ago
Implement the Genius Act! The U.S. will regulate stablecoin issuers and require the ability to “freeze transactions” for anti-money laundering purposes.
The U.S. Department of the Treasury classifies stablecoin issuers as financial institutions, requiring them to comply with anti–money laundering regulations, and designates U.S. residents with no criminal record as compliance officers. The new rules give issuers the authority to freeze transactions, emphasizing protecting the financial system and promoting technological development. However, regulatory pressure and political wrangling still exist, and the outlook for the market remains to be seen.
CryptoCity4h ago
FUD Report: Taiwan’s special law passing—USDT withdrawals will be banned! Crypto City walks you through debunking each and every panic claim
A netizen on Threads claimed that Taiwan’s special law would ban USDT trading, saying it’s actually fear-based marketing. Experts emphasized that the draft permits overseas stablecoin transactions, and urged people to choose legitimate exchanges to avoid scams and risks. The government will legally penalize unregistered underground coin dealers, and the public should stay rational and not believe online rumors.
CryptoCity4h ago
Implement the Genius Act! The U.S. will regulate stablecoin issuers and require the ability to freeze transactions for “anti–money laundering” purposes
The U.S. Department of the Treasury classifies stablecoin issuers as financial institutions, requiring them to comply with anti-money-laundering regulations and designating U.S. residents with no criminal record as compliance officers. The new requirements give issuers the authority to freeze transactions, emphasizing the protection of the financial system and the promotion of technological development. However, regulatory pressure and political leverage still exist, and the outlook for the market remains to be seen.
CryptoCity7h ago
