• Could a Stablecoin Bill “Shatter” the Wall Between Banking and Commerce?

  • May 1 2024
  • Length: 43 mins
  • Podcast
Could a Stablecoin Bill “Shatter” the Wall Between Banking and Commerce? By cover art

Could a Stablecoin Bill “Shatter” the Wall Between Banking and Commerce?

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  • Summary

  • Hilary Allen, a law professor at American University Washington College of Law, warns that a stablecoin regulation bill could open the door to mixing banking and commerce, allowing WalMart, Amazon or Google to effectively set up their own bank without facing bank-like regulations. She also details issues with the legislation introduced to date, including failures to address critically important issues.
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Business & Careers Political Science
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