By PAUL O’DONOGHUE, Senior Correspondent
THE U.S. could use stablecoins to reinforce the international influence of the dollar, according to Federal Reserve Governor Christopher Waller.
He said the GENIUS Act, a recently-passed law which establishes a federal regulatory framework for stablecoins, has provided a framework for this.
Subscribe now to have unlimited access
With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
