The US may crack down on 'stable' cryptocurrencies

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The US may crack down on 'stable' cryptocurrencies

engadget2021-09-13

Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...

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Troytan
·2021-09-13
Cryptocurrencies facing alot of headwin
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1
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Nicktwa
·2021-09-13
?
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2
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IZLIN
·2021-09-13
@Sagi08 @Meow17 @simplydkam[Surprised]
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3
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- Sagi08:
  Ok
  2021-09-14
  Reply
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- Meow17:
  OK noted
  2021-09-13
  Reply
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WDnemo
·2021-09-13
If the cryptos are still priced mainly in USD, it doesn't make sense how it is supposed to be opposite of fiat currency
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3
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- WDnemo:
  and there are seriously too many cryptos around.
  2021-09-13
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Upswing118
·2021-09-13
Define stable in an unregulated currency ?
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1
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- Roykhor77:
  +1 like
  2021-09-13
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cann
·2021-09-13
That is quite scary, i am still alien to crytocurency
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2
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- pekss:
  Me too
  2021-09-13
  Reply
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Justinjj
·2021-09-13
Bad
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1
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- k1wong:
  Wow
  2021-09-13
  Reply
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Universe宇宙
·2021-09-13
Both USD and crypto going down all the way? [疑問]
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- Universe宇宙:
  ?
  2021-09-13
  Reply
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- JusTinFoo:
  Wow
  2021-09-13
  Reply
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seanisright
·2021-09-13
just afraid it'll compete with the USD?
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2
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Charging
·2021-09-13
[流淚]
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1
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mkpr23
·2021-09-13
?
Reply
3
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- mkpr23:
  👍
  2021-11-28
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- mkpr23:
  👍
  2021-11-18
  Reply
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- mkpr23:
  ???
  2021-11-08
  Reply
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Basketrif
·2021-09-13
Sounds like a timebomb ticking.
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4
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JesseC
·2021-09-13
Cryto is the future
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5
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- scout7211:
  g
  2021-09-13
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- scout7211:
  h
  2021-09-13
  Reply
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- scout7211:
  ni
  2021-09-13
  Reply
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View more 2 comments
Tohyx
·2021-09-13
Tiger
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3
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- NatYong:
  Tiger ? up up up
  2021-09-13
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Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":888204267,"gmtCreate":1631497265059,"gmtModify":1676530557503,"author":{"id":"3581848609787274","authorId":"3581848609787274","name":"IZLIN","avatar":"https://static.tigerbbs.com/f2241963762942310c858a3aae49c0d1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581848609787274","authorIdStr":"3581848609787274"},"htmlText":"<a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a><a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a>[Surprised]&nbsp;","listText":"<a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a><a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a>[Surprised]&nbsp;","text":"@Sagi08@Meow17@simplydkam[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/888204267","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5857991,"gmtCreate":1631575673977,"gmtModify":1663233835243,"authorId":3582026494482473,"author":{"id":3582026494482473,"idStr":"3582026494482473","authorId":3582026494482473,"name":"Sagi08","avatar":"https://static.tigerbbs.com/04a6ca80d31900bae8ec95b23446e79d","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888204267,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5853077,"gmtCreate":1631532588481,"gmtModify":1663233818826,"authorId":3581561113691319,"author":{"id":3581561113691319,"idStr":"3581561113691319","authorId":3581561113691319,"name":"Meow17","avatar":"https://static.tigerbbs.com/eb44c855c6634e62b2e1d492bb4bcee1","vip":1,"currentWearingBadge":{"badgeId":"4e86300037264823b9bb00ff44fc0f19-3","templateUuid":"4e86300037264823b9bb00ff44fc0f19","name":"Live trading challenger","description":"for 6 months","bigImgUrl":"https://community-static.tradeup.com/news/1f5e9ba8fa00e845d15505fef84941ce","smallImgUrl":"https://community-static.tradeup.com/news/890d6c2bdab9dd1b255a1e7e9ae2264f","grayImgUrl":"https://community-static.tradeup.com/news/aeea12778e0c2c686984e1efc3ed8fd4","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":5600},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888204267,"type":1,"supId":0,"prevId":0,"content":"OK <u>noted</u>","text":"OK <u>noted</u>","html":"OK <u>noted</u>"}],"langContent":"EN"},{"id":888677856,"gmtCreate":1631496756075,"gmtModify":1676530557306,"author":{"id":"3575333960287526","authorId":"3575333960287526","name":"WDnemo","avatar":"https://static.tigerbbs.com/2241a941fc1eb6cca28c7a714cba1571","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3575333960287526","authorIdStr":"3575333960287526"},"htmlText":"If the cryptos are still priced mainly in USD, it doesn't make sense how it is supposed to be opposite of fiat currency","listText":"If the cryptos are still priced mainly in USD, it doesn't make sense how it is supposed to be opposite of fiat currency","text":"If the cryptos are still priced mainly in USD, it doesn't make sense how it is supposed to be opposite of fiat currency","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888677856","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5847578,"gmtCreate":1631496786148,"gmtModify":1663233794540,"authorId":3575333960287526,"author":{"id":3575333960287526,"idStr":"3575333960287526","authorId":3575333960287526,"name":"WDnemo","avatar":"https://static.tigerbbs.com/2241a941fc1eb6cca28c7a714cba1571","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888677856,"type":1,"supId":0,"prevId":0,"content":"and there are seriously too many cryptos around.","text":"and there are seriously too many cryptos around.","html":"and there are seriously too many cryptos around."}],"langContent":"EN"},{"id":888674146,"gmtCreate":1631496692285,"gmtModify":1676530557280,"author":{"id":"4087685930931350","authorId":"4087685930931350","name":"Upswing118","avatar":"https://static.tigerbbs.com/5ee810deeb4fd3c3d863b49cef1d9956","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4087685930931350","authorIdStr":"4087685930931350"},"htmlText":"Define stable in an unregulated currency&nbsp;?","listText":"Define stable in an unregulated currency&nbsp;?","text":"Define stable in an unregulated currency ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888674146","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5847828,"gmtCreate":1631497594838,"gmtModify":1663233795725,"authorId":3577415925422402,"author":{"id":3577415925422402,"idStr":"3577415925422402","authorId":3577415925422402,"name":"Roykhor77","avatar":"https://static.tigerbbs.com/dceebb2c02d2b0c1df8a4c7c7ebba8d9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888674146,"type":1,"supId":0,"prevId":0,"content":"+1 like","text":"+1 like","html":"+1 like"}],"langContent":"EN"},{"id":888647214,"gmtCreate":1631496150138,"gmtModify":1676530556935,"author":{"id":"3555923686951962","authorId":"3555923686951962","name":"cann","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3555923686951962","authorIdStr":"3555923686951962"},"htmlText":"That is quite scary, i am still alien to&nbsp;crytocurency","listText":"That is quite scary, i am still alien to&nbsp;crytocurency","text":"That is quite scary, i am still alien to crytocurency","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888647214","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5847952,"gmtCreate":1631498021545,"gmtModify":1663233795651,"authorId":3581636635898281,"author":{"id":3581636635898281,"idStr":"3581636635898281","authorId":3581636635898281,"name":"pekss","avatar":"https://static.tigerbbs.com/7dfef98c44b3810cffef7f3eb78524ba","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888647214,"type":1,"supId":0,"prevId":0,"content":"Me too","text":"Me too","html":"Me too"}],"langContent":"EN"},{"id":888658413,"gmtCreate":1631495365232,"gmtModify":1676530556605,"author":{"id":"4093316039832790","authorId":"4093316039832790","name":"Justinjj","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4093316039832790","authorIdStr":"4093316039832790"},"htmlText":"Bad&nbsp;","listText":"Bad&nbsp;","text":"Bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888658413","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5847282,"gmtCreate":1631495751593,"gmtModify":1663233793240,"authorId":3574996050082067,"author":{"id":3574996050082067,"idStr":"3574996050082067","authorId":3574996050082067,"name":"k1wong","avatar":"https://community-static.tradeup.com/news/677b37ef7f68f9ac2e51ca5f6ad6ef5e","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888658413,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"}],"langContent":"EN"},{"id":888651962,"gmtCreate":1631495248856,"gmtModify":1676530556568,"author":{"id":"3585001294737518","authorId":"3585001294737518","name":"Universe宇宙","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"3585001294737518","authorIdStr":"3585001294737518"},"htmlText":"Both USD and crypto going down all the way?&nbsp;[疑問]&nbsp;","listText":"Both USD and crypto going down all the way?&nbsp;[疑問]&nbsp;","text":"Both USD and crypto going down all the way? [疑問]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/888651962","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5847218,"gmtCreate":1631495579738,"gmtModify":1663233790333,"authorId":3585001294737518,"author":{"id":3585001294737518,"idStr":"3585001294737518","authorId":3585001294737518,"name":"Universe宇宙","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888651962,"type":1,"supId":5847129,"prevId":0,"content":"?","text":"?","html":"?"},{"id":5847129,"gmtCreate":1631495337770,"gmtModify":1663233790244,"authorId":3582497749494276,"author":{"id":3582497749494276,"idStr":"3582497749494276","authorId":3582497749494276,"name":"JusTinFoo","avatar":"https://static.tigerbbs.com/7656eaa5bcdc2424dadea0ecdd268d11","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888651962,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"}],"langContent":"CN"},{"id":888659914,"gmtCreate":1631495119838,"gmtModify":1676530556535,"author":{"id":"3585475029155588","authorId":"3585475029155588","name":"seanisright","avatar":"https://community-static.tradeup.com/news/c94b727cc0ec13751a68eaeb081dbb63","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585475029155588","authorIdStr":"3585475029155588"},"htmlText":"just afraid it'll compete with the USD?","listText":"just afraid it'll compete with the USD?","text":"just afraid it'll compete with the USD?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888659914","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":888625022,"gmtCreate":1631494807966,"gmtModify":1676530556349,"author":{"id":"3574924744683779","authorId":"3574924744683779","name":"Charging","avatar":"https://static.tigerbbs.com/bb132b01616074824a4d1a4b8478727e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574924744683779","authorIdStr":"3574924744683779"},"htmlText":"[流淚]&nbsp;","listText":"[流淚]&nbsp;","text":"[流淚]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888625022","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":888622467,"gmtCreate":1631494774359,"gmtModify":1676530556349,"author":{"id":"4091184256180950","authorId":"4091184256180950","name":"mkpr23","avatar":"https://community-static.tradeup.com/news/07d3892495567cbbbfaa10306a6075d6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4091184256180950","authorIdStr":"4091184256180950"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/888622467","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6751847,"gmtCreate":1638062947610,"gmtModify":1663237678230,"authorId":4091184256180950,"author":{"id":4091184256180950,"idStr":"4091184256180950","authorId":4091184256180950,"name":"mkpr23","avatar":"https://community-static.tradeup.com/news/07d3892495567cbbbfaa10306a6075d6","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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timebomb ticking.&nbsp;","listText":"Sounds like a timebomb ticking.&nbsp;","text":"Sounds like a timebomb ticking.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888620355","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":888667637,"gmtCreate":1631494364529,"gmtModify":1676530556177,"author":{"id":"3570851668487502","authorId":"3570851668487502","name":"JesseC","avatar":"https://community-static.tradeup.com/news/aa75283eff8e6ec8f384f30a9ae50e16","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3570851668487502","authorIdStr":"3570851668487502"},"htmlText":"Cryto is the future","listText":"Cryto is the future","text":"Cryto is the future","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/888667637","repostId":1101597816,"repostType":4,"repost":{"id":"1101597816","kind":"news","pubTimestamp":1631493813,"share":"https://ttm.financial/m/news/1101597816?lang=&edition=fundamental","pubTime":"2021-09-13 08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5849971,"gmtCreate":1631509079332,"gmtModify":1663233808130,"authorId":3582185625671527,"author":{"id":3582185625671527,"idStr":"3582185625671527","authorId":3582185625671527,"name":"scout7211","avatar":"https://static.tigerbbs.com/3428eeb8a156084753e7fa0ee13d6ac6","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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08:43","market":"fut","language":"en","title":"The US may crack down on 'stable' cryptocurrencies","url":"https://stock-news.laohu8.com/highlight/detail?id=1101597816","media":"engadget","summary":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile a","content":"<p>Stablecoins&nbsp;are ostensibly safer than regular cryptocurrency thanks to their ties to less&nbsp;volatile assets, but US regulators apparently aren't convinced.<i>Bloomberg</i>&nbsp;sources&nbsp;hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.</p>\n<p>A presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to&nbsp;<i>Bloomberg</i>.</p>\n<p>While a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.</p>\n<p>As it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The US may crack down on 'stable' cryptocurrencies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US may crack down on 'stable' cryptocurrencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html><strong>engadget</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/stablecoin-us-regulation-crackdown-143610224.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101597816","content_text":"Stablecoins are ostensibly safer than regular cryptocurrency thanks to their ties to less volatile assets, but US regulators apparently aren't convinced.Bloomberg sources hear the Treasury Department and other federal agencies are close to a possible crackdown on stablecoins through a review from the Financial Stability Oversight Council. Officials are reportedly concerned the digital money is largely unregulated and could ultimately destabilize the financial system, not protect it.\nA presidential Working Group on Financial Markets is believed to be most concerned about Tether. The cryptocurrency's operators said they stabilize their funds by holding large amounts of corporate debt. That could be vulnerable to \"chaotic investor runs\" if cryptocurrency values tank, according to Bloomberg.\nWhile a firm decision isn't expected until December, when the Working Group is believed to be issuing recommendations, there's reportedly a \"consensus\" in favor of an Oversight Council review. If that happens, the council could label stablecoins as threats that warrant strict regulation. Numerous cryptocurrencies could be forced to change their business models or even shut down.\nAs it stands, stablecoins are at risk from government competition. The Federal Reserve is exploring the possibility of launching acentral bank cryptocurrency. Such a move could render private options moot in the US — there wouldn't be much point to them if there was an official, potentially more reliable equivalent. Whatever happens, it's safe to say the existing stablecoin market might not last long as-is if a review goes forward.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5847182,"gmtCreate":1631495487555,"gmtModify":1663233794047,"authorId":3580207321438450,"author":{"id":3580207321438450,"idStr":"3580207321438450","authorId":3580207321438450,"name":"NatYong","avatar":"https://static.tigerbbs.com/62b1fa39b2974271d1c06e208f7b3571","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888664077,"type":1,"supId":0,"prevId":0,"content":"Tiger ? up up <u>up</u>","text":"Tiger ? up up <u>up</u>","html":"Tiger ? up up <u>up</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":147,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}