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Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks

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“We have seen that the crypto financial system has all the same risks that we’re very familiar with from traditional finance,” she said in a speech at the Clearing House and Bank Policy Institute 2022 annual conference on Wednesday. But given the unique characteristics of crypto, there’s a need for “creating clear regulatory guardrails.”



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