We Don’t Want to Strangle Crypto Innovation, But Sector Is a Mess

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We Don’t Want to Strangle Crypto Innovation, But Sector Is a Mess

Powell said there’s a place for stablecoins in the financial sector, if they get “appropriate regulation,” but meanwhile, Powell argued that “there are real concerns about permissionless public blockchains, and the reason is that they’ve been so susceptible to fraud, to money laundering and all of those things.” www.coindesk.com

Powell said there’s a place for stablecoins in the financial sector, if they get “appropriate regulation,” but meanwhile, Powell argued that “there are real concerns about permissionless public blockchains, and the reason is that they’ve been so susceptible to fraud, to money laundering and all of those things.”

www.coindesk.com