Name: Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin
Uploaded: 2023-08-10T14:03:20.000Z
Duration: 3 min 49 s
Description: Rep. Maxine Waters (D-Calif.) said in a statement that she's "deeply concerned" about PayPal's launch of its own stablecoin while there is still no Federal framework for regulation, oversight, and enforcement of these assets.” CoinDesk's global policy and regulation managing editor Nikhilesh De discusses regulatory concerns surrounding PayPal USD (PYUSD).

CD20$2,072.300.13%BTC$77,407.910.17%ETH$2,115.360.45%XRP$1.360.54%SOL$85.960.75%

Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin | CoinDesk Videos

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CD20$2,072.300.13%BTC$77,407.910.17%ETH$2,115.360.45%XRP$1.360.54%SOL$85.960.75%

Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin | CoinDesk Videos