FATF proposes granting more control rights to stablecoin issuers
The FATF recommends that countries mandate stablecoin issuers to integrate smart contract functions to prevent money laundering and illegal funding. It warns of vulnerabilities in unhosted wallets and the use of stablecoins by cybercriminals. Meanwhile, the European Central Bank raises concerns about stablecoins' impact on bank deposits and monetary policy. Despite this, USD-pegged stablecoin supply has risen significantly, with Tether holding the majority.
TRX1.27%
TapChiBitcoin·03-05 03:07
