CFTC Confirms National Trust Bank Stablecoins as Approved Payment Tokens

The U. S. Commodity Futures Trading Commission has taken another step toward formalizing stablecoins within the regulated financial system. By revising its guidance, the agency has clarified that stablecoins issued by national trust banks can now qualify as approved payment stablecoins under its existing framework. The move signals growing regulatory comfort with stablecoins as they become … source: https://coinpedia.org/news/cftc-confirms-national-trust-bank-stablecoins-as-approved-payment-tokens/