Stablecoin Regulation Could Shake Up US Financial System

The Trump administration touts deregulation as a source of economic growth — the thinking is that removing what it sees as shackles on business will promote it. But sometimes it takes regulation to do that.

In 1977, Cambridge, Massachusetts, became the first city in the world to regulate the manipulation of genetic material. That gave it (and the greater Boston area) a launchpad to become arguably the world’s most important biotech hub. The lesson? Set clear and transparent rules around a product or service, and it may take off.