The Fed says it can regulate stablecoins. So why doesn't it?

Federal Reserve officials have asserted that stablecoin regulation is necessary and within their jurisdiction. Observers say the central bank's crypto guidance and policies governing master accounts offer blurry visions of what shape such regulation might take. By Anand Gupta
https://www.financial-planning.com/news/the-fed-says-it-can-regulate-stablecoins-so-why-doesnt-it?utm_source=dlvr.it&utm_medium=blogger