Janet Yellen says that passing legislation this year to create a regulatory framework for stablecoins “would be highly appropriate”, after UST’s stumble (Paul Kiernan/Wall Street Journal)

Paul Kiernan / Wall Street Journal:
Janet Yellen says that passing legislation this year to create a regulatory framework for stablecoins “would be highly appropriate”, after UST’s stumble  —  Treasury secretary expresses hope that Congress will pass legislation this year to create regulatory framework for stablecoins