Stablecoins, 17 questions about crypto, a battle for 401(k), and other hot topics of the last week.
How can the U.S. bolster its economic competitiveness in digital assets? The United States Department of Commerce believes that 17 other questions would help us to answer this one. The department will publish a series of 17 questions in a request for comment through the International Trade Administration. Hopefully, the public response will help the department develop a comprehensive regulatory framework.
The main mission of the bill is to prevent the U.S. Department of Labor from limiting the types of investments that can be included in Americans’ self-directed 401 retirement plans that seek to ban retirees from including crypto in their 401 plan.Binance, Circle, TRM Labs and four other major crypto companies are aiming at self-regulation by launching a community-driven scam reporting tool, Chainabuse.
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