Circle calls on the US Develop a national regulatory and policy framework for stablecoin.

Dante Disparte, Circle Chief Strategy Officer and Global Head of Policy has called on US lawmakers Balancing Risk by Developing Regulatory Guidelines for Stablecoin

In a blog post on Monday, Disparte said:toThe 18 principles the Circle has established This is part of an effort to formulate a stablecoin policy in the United States by Circle, the company behind USD Coin ( USDC ) has highlighted privacy concerns. “Equal playing field” between banks and non-banks in US dollar-linked cryptocurrencies, bank cryptocurrencies, and the need for regulatory clarity.

Disparte said, “Collaboration of the national regulatory and policy framework for the digital dollar. It will increase the competitiveness of the US economy, job creation, and choice of payment systems.

Circle CSO also referred to the European Union in June.Past Markets in Crypto-Assets Framework or MiCA, a law that aims to harmonize crypto in EU member states, Disparte said, adding that the US could play a leading role in the effort. “Avoiding Inconsistencies” in Global Stablecoin Regulations

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