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via Decrypt · By Decrypt Editorial
New York’s Crypto Watchdog Teams With EU to Police Stablecoins
DE
Decrypt Editorial(07:04 PM UTC)
1 min read
In brief
- The NYDFS and EBA said they are committed to sharing information that could help police stablecoins under memorandum of understanding.
- While that includes promptly flagging market meltdowns, the regulators also plan to share insights on criminal and civil investigations.
- The coordination comes as officials from Europe’s central bank flag the “risk of runs” as a weakness that stablecoins…
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