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U.S. FDIC Chief Says First Stablecoin Regulations Heading for Proposal This Month

Bank regulators are expected to begin proposing rules for stablecoin issuers by the end of December, the acting head of the Federal Deposit Insurance Corporation said, according to testimony Travis Hill is preparing to deliver to the House Financial Services Committee on Tuesday. First on the regulator’s agenda to implement the Stablecoin Guidance and Establishing…

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Minnesota state government employees say they wrote to Kamala Harris, DNC, ‘warning’ about Walz as VP pick

A group of Minnesota government employees said they wrote to former Vice President Kamala Harris and the Democratic National Committee (DNC) repeatedly “Warning them” about Gov. Tim Walz and what they say is his “incompetence, fraud scandals and retaliation.” A Minnesota Department of Human Services employee account (which the account says represents more than 480…

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