Big news for cryptocurrency! The government wants to work with crypto companies to make rules for digital money.
- The CFTC (a government group) is starting a program to test using digital money in a safe way.
- Big crypto companies like Coinbase and Circle will help make these rules.
- They'll focus on 'stablecoins,' which are like digital dollars that try to stay at the same value.
Topic | Info |
---|---|
Program Goal | To make safe rules for using digital money. |
Companies Involved | Coinbase, Circle, Ripple, Crypto.com |
Focus | Stablecoins (digital money that stays steady in value) |