STABLECOIN REGULATION - AN OVERVIEW

In the light of comments acquired inside the consultation, the ultimate guidance supplies additional clarifications with regard to, among other factors, the applicability with the PFMI to stablecoin arrangements, determination of systemic significance of the stablecoin arrangement, and settlement finality. Gibson Dunn’s legal professionals are o

particularly, regulation need to be hazard-centered, specializing in the structural functions of stablecoins and in certain cases their usage. This allows policymakers to seem by way of terminology and advertising and marketing of issuers and intermediaries. critical pitfalls to users stem from The shortcoming of issuers to deliver to the purported