US Department of Finance Focuses on Cryptocurrency Policy
This week, the US Department of Finance held a closed meeting to discuss cryptocurrency policy. The main topics included Stablecoin, DeFi, banking relations, and cybersecurity. These challenges require a multi-dimensional approach to enhance management capabilities and prevent risks.
Focus on Stablecoin
On May 15, a special session will be held to discuss Stablecoin. The content will focus on preventing fraud and tax evasion, monitoring secondary markets, asset freezing capabilities, and compliance risks. This is an effort to strengthen responses to illegal financial activities related to digital assets.
The discussion is taking place against the backdrop of the US Department of Finance's clear awareness of the complex issues in cryptocurrency management, especially when it involves the safety and security of the national financial system. The measures to be proposed are not only to protect investors but also to maintain the stability of the global financial system.
Note, the above content is for market information purposes only and should not be considered investment advice.
