Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules [Yahoo! Finance]
First Citizens BancShares, Inc. - Class A (FCNCA)
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Source: Yahoo! Finance
Circle admonishes what it sees as U.S. lawmakers' inaction and wants greater alignment in crypto rules between nations. Tether, more focused on developing countries, says it is frustrated by the slow movement of law enforcement when it comes to crimes involving crypto. It's an interesting question: How will Tether and Circle, the largest issuers of U.S. dollar-denominated stablecoins, evolve and expand as the rule-bound systems of traditional finance become increasingly enmeshed in the crypto economy? So far these crypto power players have taken different paths. Circle, which casts itself as the compliance-friendly option, echoes many regulators' calls for global coordination. Tether, for its part, has adopted a hands-on, reactive approach that can be flexibly adapted for national variations, especially when it comes to fighting crime. Rules on stablecoins should be harmonized, not balkanized, Dante Disparte, head of global policy and chief strategy officer at Circle, said
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FCNCA
Earnings
- 4/25/24 - Beat
FCNCA
Sec Filings
- 4/26/24 - Form 144
- 4/25/24 - Form 8-K
- 4/8/24 - Form PX14A6G
- FCNCA's page on the SEC website