According to the media, United States Securities and Exchange Commission (SEC) reached an agreement with the regulators and will take on the functions of supervision of the Steblcoin market in the United States.
According to the publication of Bloomberg with reference to anonymous sources, Familiar with the situation, Already on this one Week of the US Department of Finance will present a report, which will be announced on receiving authority to regulate the SEC stablecoons market. The role of the Commission on Trade Futures will also be clarified in the report (CFTC) and the US Treasury in the regulation of the Steblcoin market.
According to anonymous sources, Points were added to the report, emphasizing the expansion of the SEC powers in the field of stablecoin regulation up to forced actions in relation to issuers, on which the SEC chairman Gary Gensler insisted (Gary Gensler). Amendments, which Gensler sought, Indicate that, that in the future the government will play an active role in the regulation of stablecoins.
Regulators will also call the US Congress adopt a law on stablecoons regulation similar, which regulates bank deposits. Successful lobbying for Hensler's initiatives on the stabiblco, probably, will have a negative effect, since the SEC holds a tough position in relation to the cryptocurrency market.
Against the background of the growth of the Stablecoin market, financial regulators are actively developing the rules for the supervision and regulation of this cryptocurrency industry segment. So, This month, a group of development of financial measures to combat money laundering (FATF) prepared recommendations for the regulation of cryptocurrencies, Including stablecoins.
