Sector Regulation Sector Regulation

US FDIC weighing whether stablecoins should be covered by deposit insurance

By Neil Roland
  • 01 Dec 2021 16:39
  • 01 Dec 2021 16:39
The head of the US Federal Deposit Insurance Corp. said it is considering whether deposit insurance should cover stablecoins.

The question “is a complicated one,” FDIC Chair Jelena McWilliams said at a webcast* yesterday. “We’re looking at it and trying to figure out exactly what would be the best applicability to apply a

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