Learn about the importance of US regulation on digital currencies and stablecoins. Find out what Circle's CEO has to say about it.
Heath Tarbert, the CEO of Circle and former chairman of the CFTC, stated that the world is waiting for the US to regulate digital currencies and stablecoins. According to Tarbert, other countries are asking, ‘When will you finalize your regulations? We are eager to see them.’ He emphasized that regulating stablecoins is relatively simple and should have three key elements: reputable issuer, high-quality reserves that are audited, and transparency in reserves.
