Treasury Stablecoin Proposal Draws Questions Over Foreign Access

T2Covered by 1 source · first reported by PYMNTS at 20 Oct, 15:51 UTC

Treasury’s effort to regulate payment stablecoins hinges on questions on when a coin has actually been issued, who issued it and how a stablecoin created outside the country can legally reach a customer in the United States. The department’s proposed rule, published Aug. 18, would implement…