Fed’s Barr invokes Panic of 1907 in warning on stablecoin rules

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Cointelegraph - News 4 days ago • cointelegraph.com

Fed’s Barr invokes Panic of 1907 in warning on stablecoin rules

US Fed Governor Michael Barr said clearer US rules could help the market grow, but warned that GENIUS Act implementation must still guard against runs, weak reserves and illicit finance.

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