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Former CFTC Chair on How to Regulate Stablecoins Without Passing Any New Laws | Odd Lots

发布时间 2022-09-21 16:52:25    来源

摘要

Stablecoin regulation has become a hot topic, and for very good reason. For one thing, it's an extremely fast growing space. Stablecoins are also a primary way that the crypto interacts with the banking system. And beyond that, as we know, crises often originate from assets that promise to be safe (remember money market mutual funds that broke the buck during the 2008 financial crisis. But are regulators equipped to deal with stablecoins under existing law? On this episode, we speak with Timothy Massad, the former chair of the CFTC and a current research fellow at Harvard's Kennedy School of Government. He explains why he believes regulatory progress can be made right now with the laws that currently exist, and what a new arrangement for issuers would look like. Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts #Bloomberg #Podcast #OddLots Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Markets & Finance: https://www.youtube.com/channel/UCIALMKvObZNtJ6AmdCLP7Lg Bloomberg Politics: https://www.youtube.com/c/BloombergPolitics Bloomberg Technology: https://www.youtube.com/c/BloombergTech Quicktake Originals: https://www.youtube.com/user/Bloomberg Quicktake Now: https://www.youtube.com/channel/UChirEOpgFCupRAk5etXqPaA Quicktake Explained: https://www.youtube.com/bloombergexplained For coverage on news, markets and more: http://www.bloomberg.com/video

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