“This is very much oriented towards a U.S.-regulated company, and so Tether, if it chooses to remain offshore [and] is happier with a different regulator, that’s a business choice for them,” she said. “But if they want the U.S. Good housekeeping stamp of approval on their product, and we hope they will, then they’ll come into compliance in the U.S.”
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- Source: https://www.coindesk.com/policy/2024/04/24/the-ever-dwindling-chances-for-a-stablecoin-law/?utm_medium=referral&utm_source=rss&utm_campaign=headlines