Скачать с ютуб STABLECOIN TRANSPARENCY ACT: Proposed Law Would Require Stablecoins to be Backed By Cash or Bonds в хорошем качестве

STABLECOIN TRANSPARENCY ACT: Proposed Law Would Require Stablecoins to be Backed By Cash or Bonds

The Stablecoin Transparency Act would require stablecoins to be fully backed by dollars or short-term government securities. Stablecoin issuers would also have to publish audited reports. The Stablecoin Transparency Act, proposed by Two legislators—Rep. Trey Hollingsworth (R-IN) in the House and Sen. Bill Hagerty (R-TN) in the upper chamber— would require stablecoins to be fully backed by a combination of U.S. dollars and "government securities with maturities less than 12 months" (i.e., bonds). It would also legally compel issuers of stablecoins—such as Circle (USDC) and Tether (USDT)—to regularly publish audited reports demonstrating their reserves. Stablecoins are crypto assets pegged 1:1 with a fiat currency, often the U.S. dollar. The idea is that for every stablecoin in circulation, there's a $1 bill in the bank; if anyone wants to redeem that coin, they can Video Chapters: 00:00 - Intro 00:37 - Proposed Law Would Regulate Stablecoins 02:20 - Prior Action Against Tether by NY AG 03:08 - USDC Already Backed by Cash & Equivilants 04:03 - Democrats may hold up legislation 04:20 - Stablecoin Regulation Good for Consumer Protection / Transparency 06:10 - Effects on Algorithmic Stablecoins (DAI, UST) Terra 07:15 - Non Complaint Stablecoins Likely Delisted By Exchanges 08:50 - Final thoughts/Outro Articles: https://decrypt.co/96587/proposed-bil... https://www.coindesk.com/policy/2022/...