While ostensibly related to affordable housing, the 21st Century ROAD to Housing Act also includes provisions on digital currencies.
Stablecoin
FinCEN and banking regulators seek to establish the minimum standards for a payment stablecoin issuer's customer identification programs.
Observations on selected questions raised in the consultation, from the suitability and functioning of existing MiCA requirements to areas of crypto that fall outside of MiCA.
The debate is no longer whether crypto should be regulated, but what effective regulation should look like.
Grassroots movement Stand With Crypto UK says consumers are being prevented from sending money to FCA-registered firms.
FCA and BoE have identified priority areas requiring immediate industry clarity, particularly surrounding tokenization infrastructure and regulatory resilience.
Peers believe an overly cautious approach could harm market growth.
Although the MoU is not legally binding, it creates the blueprint for crossborder coordination in supervising and sharing information about stablecoin activities.