United States regulator the Commodity Futures Trading Commission (CFTC) is allegedly in talks with Facebook about its stablecoin launch next year, according the Financial Times.
Citing chairman J. Christopher Giancarlo, the publication revealed that Facebook is attempting to smooth out the regulatory landscape ahead of the asset, currently dubbed GlobalCoin,
“We’re very interested in understanding it better,” the FT quoted Mr. Giancarlo as saying, himself adding that at present, no formal request for regulatory clearance had appeared. To read the full article on Cointelegraph, click here….
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