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US Presidential Advisory Group to Discuss Stablecoins

Federal Reserve Chairman Jerome Powell, Securities and Exchange Commission Chair Gary Gensler and Commodity Futures Trading Commission Acting Chair Rostin Behnam will also participate in Monday's meeting.

By Nikhilesh De

Updated Sep 14, 2021, 1:26 p.m. Published Jul 16, 2021, 4:40 p.m.

Treasury Secretary Janet Yellen is convening a presidential advisory group to examine the benefits and risks of stablecoins.