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Stablecoins and National Security | Former CFTC Chair Timothy Massad
Bankless
Regulating Stablecoins and Addressing Regulatory Challenges
30min Snip
00:00
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This chapter delves into the critical issues of regulating stablecoins, including concerns about sanctions, anti-money laundering responsibilities, and adapting regulatory frameworks to evolving technology. The discussion explores the trade-off space between traditional bank transfers and stablecoin transfers on the Ethereum blockchain, emphasizing challenges in preventing illicit activities without a central authority. The conversation also touches on the potential responsibilities of stablecoin issuers in monitoring transactions, balancing privacy concerns, and collaborating with government officials to create a regulatory framework that fosters innovation while upholding core national values.
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