FED vill ha en större roll i regleringen av Stablecoins
- Jerome Powell tror att FED måste spela en stor roll för att reglera stablecoins, eftersom den ser dem som en form av pengar.
- Lagförslaget, sponsrat av republikaner, ger stater enorma befogenheter att reglera stabila mynt.
Jerome Powell, chairman of the Federal Reserve, spoke in favor of strict central-bank supervision of stablecoin in the policies being developed by members of the House Financial Services Committee. Powell shared his thoughts while speaking at the House Financial Services Committee’s semi-annual hörsel om Feds politik den 21 juni.
The proposed stablecoin bill originated from Republicans and would serve as the official piece of crypto regulation in the United States if approved next month. Rep. Maxine Waters, the committee’s top Democrat, in her questioning of Powell, warned that the Fed would be “severely hamstrung” by the new proposal and that there has to be a clear federal floor for regulation of nonbank stablecoin issuers.
Det republikanskt sponsrade lagförslaget syftar till att säkerställa att stater har en betydande roll i övervakningen av stablecoins. Detta har varit en stridsfråga sedan förhandlingarna inleddes förra året.
Waters warned that the bill would create “58 different licenses with federal regulatory approval over only two of the licenses.” The Democrat added that states, territories, and other jurisdictions will issue the remaining licenses.
Responding to Waters, Powell claimed that the FED sees “payment stablecoins as a form of money and argued that “in all advanced economies, the ultimate source of credibility in money is the central bank.” Powell called for the FED to play a huge role in regulating stablecoins. He added that “it would be appropriate to have quite a robust federal role.”
The 70-year-old Powell further claimed that “allowing a lot of private money creation at the state level would be a mistake.” Interestingly, Powell’s comment on the draft bill saw him take a stance opposed to that of Securities and Exchange Commission (SEC) Chair Gary Gensler. The controversial SEC Ordföranden anser att alla former av stablecoins bör registreras och regleras.
Powell, like most officials, believed the crypto market had suffered an irreparable loss last year following the decline of top organizations like FTX and Terra. However, the FED chair admitted today that the market “appears to have some staying power.”
Powell klargjorde också att centralbanken är långt ifrån att etablera en CBDC, i motsats till de senaste rapporterna. Han hävdade också att centralbanken inte har några planer på att hantera detaljhandelskonton om FED skulle lansera en digital dollar.
Jag har täckt några spännande historier under min karriär som journalist och tycker att blockchain-relaterade historier är väldigt spännande. Jag tror att Web3 kommer att förändra världen och vill att alla ska vara en del av den.
Senaste nytt
