Our White & Case Financial Services Regulatory team authored a chapter in the Global Legal Insights' Blockchain & Cryptocurrency Regulation 2024 (Sixth Edition). Our chapter includes an expert analysis on "The regulation of stablecoins in the United States".
Our authored chapter includes discussions of:
- The history and characteristics of certain representative stablecoins;
- A high-level overview of the developing legislative and regulatory environment;
- The implications of a regulatory framework for stablecoin issuers; and
- Argue that bank-issued stablecoins should be regulated as a banking product – not securities – subject solely to regulation by the prudential bank regulators.
Leel Sinai co-authored this publication.
This article was first published in GLI - Blockchain & Cryptocurrency Regulation 2024.
This publication is provided for your convenience and does not constitute legal advice.
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