The intensifying regulatory oversight in the U.S. is highlighting the increasing need for non-U.S. dollar-pegged stablecoins in the cryptocurrency industry, Binance Chief Executive Officer Changpeng Zhao said on Tuesday. The industry will likely “look for other options” as regulatory pressure mounts in the U.S., Zhao said during an event hosted by Binance on Twitter, adding that more stablecoins pegged to the euro, Singapore dollar, and other currencies may emerge. (forkast)
Get the latest news here: Cointime channel—https://t.me/cointime_en
All Comments