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December 3, 2021

Stablecoin Regulation Could Bring ‘Level of Certainty’ to Bank Stocks — Which To Keep an Eye On —GOBankingRates Article

Ron S. Geffner, Partner and Head of the Financial Service Group Stablecoin comments on stablecoin regulation in GOBankingRates article. Stablecoins are increasingly under regulatory scrutiny. Just last month, the Treasury Department issued its long-awaited report on the assets, which, when “well-designed and subject to appropriate oversight have the potential to support beneficial payments options.” However, the report said that the absence of said oversight presents risks to users and the broader system. Click here to view the article.