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Last week, following the 170-page report released by the White House Digital Asset Markets Presidential Working Group, U.S. government financial institutions have begun to take steps.
In this context, the chairman of the U.S. Securities and Exchange Commission, Paul Atkins, had announced the (SEC) Crypto Project initiative. Yesterday, another financial regulator, the Commodity Futures Trading Commission, also announced the (CFTC) Crypto Race initiative.
While all this is happening, an important move came from the SEC regarding stablecoins, which is one of the key points of the crypto report. The institution updated its accounting guidance on stablecoins.#Trump Allows 401(k) Crypto Investing#