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Will stablecoins be banned in the United States by the end of 2023? No: real money 89%, play money 98% Yes: real money 11%, play money 2% Volume: real money 324.85808815, play money 46453.67 Bettors: real money 12, play money 37 Categories: Finance, Crypto, Regulation Related markets Will Bitcoin mining be regulated in the US by the end of 2026? (ID: 231597) Volume: real 289.51005877, play 20872.347065 Bettors: real 8, play 9 Leading (real money): Will Bitcoin mining be regulated in the US by the end of 2026? 20% Leading (play money): Will Bitcoin mining be regulated in the US by the end of 2026? 32% Will China allow banking operations using virtual currencies again in 2026? (ID: 231678) Volume: real 201.24270619, play 44899.9911 Bettors: real 6, play 5 Leading (real money): Will China allow banking operations using virtual currencies again in 2026? 10% Leading (play money): Will China allow banking operations using virtual currencies again in 2026? 4% Will the Clarity Act be signed into law in 2026? (ID: 231555) Volume: real 370.53712922, play 21010.1007 Bettors: real 10, play 8 Leading (real money): Will the Clarity Act be signed into law in 2026? 46% Leading (play money): Will the Clarity Act be signed into law in 2026? 58%

Will stablecoins be banned in the United States by the end of 2023?

Market Rules

In August 2021 the chair of the Securities and Exchange Commission (SEC) Gary Gensler made public statements in favor of prioritizing the regulation of cryptoasset transactions, decentralized finance (DeFi) platforms, and stablecoins.

In July 2021 almost three-quarters of all transactions in cryptoasset platforms involved stablecoins. The value of many stablecoins is linked to volatile commercial and financial assets, which offer risks to its investors that are much higher than the risks of other financial assets and institutions regulated in the United States. Additionally, stablecoins could allegedly be harmful to the implementation of central bank digital currencies if not regulated.

If any nationwide legislation that prohibits the investment or sale of all private financial assets qualified as stablecoins in the United States gets approved by December 31st, 2023, this market will be resolved as "Yes".

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