Security News > 2019 > November > Federal Reserve Report Raises Concerns About 'Stablecoins'

Federal Reserve Report Raises Concerns About 'Stablecoins'
2019-11-21 19:18

Fed Warns These Cryptocurrencies Could Be Used for Money Laundering, Terrorism FinancingThe U.S. Federal Reserve is warning that the increasing use of cryptocurrencies known as "stablecoins," without proper safeguards and regulations, could pave the way for crime, including money laundering and terrorism financing.


News URL

https://www.inforisktoday.com/federal-reserve-report-raises-concerns-about-stablecoins-a-13433