December 16, 2020, 7:00AM EST
• 8 min read
Fiat Freeway: Digital Asset Firms React to Authorities Recent Actions by Filing for Banking Licenses
- ‘Fiat Freeway’ is a weekly column providing the latest updates on central bank digital currencies (CBDCs) and stablecoins.
- This week’s column focuses on the latest influx of applications by digital asset firms seeking to obtain banking licenses, which is likely a reaction to authorities’ recent actions.