Paxos CEO urges U.S. lawmakers to develop regulations on cross-border stablecoins

Crypto 7x24

2025-03-12 00:15:10

7993

Internet reports that U.S. lawmakers are about to engage in a heated debate on stablecoin regulation, and major industry leaders are expected to explain their vision for the future of digital asset regulation. Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, plans to testify before the House Financial Services Committee, urging lawmakers to establish "cross-jurisdictional reciprocity" in stablecoin regulation.

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