The Fed Is the Wrong Regulator for Stablecoins The U.S. central bank would be conflicted, because stablecoins compete with the Fed’s payments infrastructure and with potential CBDCs.

SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says The U.S. Securities and Exchange Commission (SEC) said it would file an “interlocutory appeal” of a judge’s ruling on Ripple’s programmatic sales of XRP, the regulator said in a court filing Wednesday.