The Fed just kicked the can on Regulation O, pushing the public comment deadline to November 4.
This rule dictates how banks lend to their own inner circles, and for $USDC or $ENA, it’s the blueprint for how reserves will be policed. The delay proves regulators are still wrestling with the messy overlap between bank lending and crypto custody.
#Regulation #Stablecoins #DeFi
This rule dictates how banks lend to their own inner circles, and for $USDC or $ENA, it’s the blueprint for how reserves will be policed. The delay proves regulators are still wrestling with the messy overlap between bank lending and crypto custody.
#Regulation #Stablecoins #DeFi