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Fed's Barr 'Deeply Encouraged' By House Stablecoin Bill Work

By Jon Hill (November 16, 2022, 7:12 PM EST) -- The Federal Reserve's Vice Chair for Supervision Michael Barr on Wednesday gave his thumbs-up to a bipartisan House effort to draft stablecoin oversight legislation and called for issuers of the digital assets to be placed under the central bank's supervision....

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