

Taiwan Central Bank Warns of Stablecoin Oversight Risks and Fraud
Taiwan central bank governor Yang Chin-long said stablecoins may have payment potential but pose stablecoin oversight risks and fall short of Bank for International Settlements standards needed to anchor a monetary system. Speaking in Taipei at a Financial Information Service Co conference, Yang said stablecoins lack unity, elasticity and integrity, and tokens can trade at premiums or discounts depending on reserve quality and issuer risk. He said many stablecoin issuers are
4 days ago







