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Kyle Hauptman, Vice Chairperson of the US NCUA, supports the development of cryptocurrencies and stablecoins

Kyle Hauptman, Vice Chairperson of the National Credit Union Administration (NCUA), recently expressed his support for cryptocurrencies and stablecoins in a speech. He stressed that while new technologies may have negative impacts, innovation is critical to the development of credit unions. Hauptman noted that all new technologies carry risks, just as the invention of the automobile brought about car accidents, but drove transportation changes. He also stated that although cryptocurrencies are c...

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2024-09-11 19:04:20
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