A senior Republican has sounded the alarm over the fast-growing stablecoin industry, warning “bad things will happen” to investors’ money unless it is regulated soon.
Pat Toomey, the top Republican on the Senate banking committee, said he thought Congress should write new rules for the $180bn market in stablecoins, which are some of the most popular cryptocurrencies in the world.
But he pushed back against some of the stricter measures being promoted by Democrats, who believe stablecoins are now worth so much money that their operators should be regulated like banks.
您已閱讀12%（572字），剩余88%（4381字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。