Editorial Board
Regulators Might Yet Head Off a Stablecoin Disaster
A highly anticipated federal report offers smart guidance. Lawmakers and agencies should act on it promptly.
Catching up to crypto.
Photographer: Sarah Silbiger/UPI/BloombergThe U.S. government has unveiled a much-awaited plan to address one of the most pressing issues in the realm of cryptocurrencies: how to regulate stablecoins, digital representations of fiat currency that present grave dangers but also hold great promise.
The proposals are good, and should be implemented as quickly as possible.