Midweek Roundup: White House Targets Stablecoins, US Securities Regulator Accuses Cryptocurrency Sector of Lax Compliance, and More

U.S. officials recommended limiting the ability to issue stablecoins to federally regulated financial institutions, ACAMS reported. More The chairman of the U.S. Securities and Exchange Commission said many cryptocurrency companies have yet to register with appropriate regulators and come into compliance with anti-money laundering and tax rules, The Wall Street Journal reported. More Swiss authorities investigating corruption at world soccer governing body FIFA accused former chief Sepp Blatter of funneling a suspicious $2 million payment to Michel Platini, his counterpart at Europe's professional soccer association UEFA, in 2011, the BBC reported. More Mainstream financial institutions are increasingly offering custodial...