Have CBDCs been defeated in America? U.S. crypto regulations moving against a CBDC and non-compliant stablecoins

by Will Canny | Coindesk

U.S. crypto regulations seem to be moving in a direction that opposes the launch of a central bank digital currency, is against local banks embracing crypto and is averse to non-compliant stablecoins, JPMorgan (JPM) said in a research report.

The bank notes that regulatory initiatives have stepped up in the U.S. in recent months, raising questions about the direction of crypto regulation ahead of the presidential election later this year. Read Full Article >