PANews December 12 News, according to CoinDesk reports, the cryptocurrency sector no longer needs to be listed annually by the Financial Stability Oversight Council (FSOC) as a threat to the U.S. financial system. However, this is not an isolated case, as the report has actually shifted focus away from the "vulnerabilities" of the financial system. The 2025 FSOC report’s table of contents has completely removed the frequently appearing term "vulnerabilities." Treasury Secretary Scott Bessent acknowledged in the opening letter of the report that previous analyses focused on identifying dangers that could disrupt the financial system.



This 2025 report does not include "recommendations" for digital assets nor explicitly express concerns about the industry. Its section on digital assets elaborates on how U.S. financial regulatory agencies with authority over cryptocurrencies have shifted their policy stances. The report mostly praises the advantages of the digital asset sector, but under the subsection "Illegal Finance," it states that stablecoins may "be misused to facilitate illegal financial transactions." However, the report also notes that, "in the next decade, the continued use of dollar-denominated stablecoins is expected to further strengthen the dollar's position in the international financial system."
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)