Christopher Giancarlo, former head of the CFTC, proposes that banks integrate and offer yield on stablecoins deposits to customers, avoiding the imbalances that worry the banking establishment. For him, this compromise would allow the Clarity Act to move forward, with benefits for both banks and crypto exchanges. Former CFTC Head Christopher Giancarlo Proposes Banks to […]
Source: https://news.bitcoin.com/former-cftc-chief-calls-for-allowing-banks-to-offer-yield-on-stablecoin-deposits/
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.