Cryptocurrencies

Crypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger

  • So-called stablecoins cited as a risk to financial system
  • Consumers’ money isn’t adequately protected, lawmakers say
Bitcoin Reaches Highest Level Since May
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Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.