# US Treasury report says stablecoin legislation is ‘urgently needed’ to address risks
“# US Treasury report says stablecoin legislation is ‘urgently needed’ to address risks ” The President’s Working Group on Financial Markets, or PWG, has released a report suggesting that stablecoin issuers in the United States should be subject to “appropriate federal oversight” akin to that of banks. A Nov. 1 U.S. Treasury report from the group…