PDF4PRO ⚡AMP

Modern search engine that looking for books and documents around the web

Example: bankruptcy

Report on Stablecoins

CONTENTSE xecutive Summary ..1I. Background ..4 Creation and Redemption of the Stablecoin ..4 Transfer and Storage of the Stablecoin ..5 Activities and Participants in Stablecoin Arrangements ..6 Use of Stablecoins ..7 Digital Asset Trading Platforms and DeFi ..8II. Risks and Regulatory Gaps ..12 Loss of Value: Risks to Stablecoin Users and Stablecoin Runs ..12 Payment System Risks ..12 Risks of Scale: Systemic Risk and Concentration of Economic Power ..14 Regulatory Gaps ..14 III. Recommendations ..15 Legislation ..16 Interim Measures ..18 Illicit Finance Risk ..19 International Standards ..22 Annex: List of Outreach Participants ..231 INTERAGENCY Report ON STABLECOINSE xecutive Summary Stablecoins are digital assets that are designed to maintain a stable value relative to a national currency or other reference assets.

may include designation of certain activities conducted within a stablecoin arrangement as, or as likely to become, systemically important payment, clearing, and settlement activities. The rapid growth of stablecoins increases the urgency of this work.

Loading..

Tags:

  Designations

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Spam in document Broken preview Other abuse

Transcription of Report on Stablecoins