Financial Regulators Urge Congress to Pass Crypto Legislation in New Report

The Financial Stability Oversight Council (FSOC) has renewed its calls for Congress to pass crypto legislation, according to their annual report released Thursday. Crypto vulnerabilities addressed FSOC’s latest release reiterates its suggestion from last year’s report demanding greater regulation of spot markets crypto assets classified as non-securities and greater regulation of stablecoins overall. The report The post Financial Regulators Urge Congress to Pass Crypto Legislation in New Report appeared first on Cryptonews .