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Bloomberg Wall Street Week - February 24, 2023

Wall Street Week

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The Next Step in Digital Currency Is Regulation

Bob diamond: best to leave the regulation right where it is right now because it works basically for people like you and your companies. The market share of USDC which is within that perimeter is dramatically improved relative to Tether which is offshore somewhat murky in terms of what's in that portfolio so we're seeing the impact already. We embrace getting those decisions made in going forward with frankly more transparent more regulated environment proper regulation good regulation good regulation strong regulation is what good strong companies want, he says.

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