On Friday, the United States Treasury gave further indications that it would be introducing new laws regarding stablecoins. Nellie Liang (the Treasury’s Undersecretary for Domestic Finance), fueledMore speculation on stablecoin regulation, including comments about investors’ potentially large risk when investing in stablecoins.

In light of the Financial Stability Oversight Council’s November 2021 report about stablecoins the Financial Oversight Council has appointed the U.S Treasury’s top financial supervisor. that “If Congress does not enact legislation, the regulators will try to use what authority they have.”