As it pertains to #stablecoin, #FIT21 only refers to « permitted payment stablecoins » which are defined as stablecoins backed by national currencies such as #USDT or #USDC. It doesn’t seem to indicate a ban on other forms of stablecoins or how those would be treated. I understand that they would be treated like others digital assets meaning as a security or commodity depending on the level of decentralization.

Reply to this note

Please Login to reply.

Discussion

No replies yet.