European Banking Authority calls for early adoption of stablecoin standards By Cointelegraph
[ad_1] © Reuters. In advance of required regulations expected in the coming year, the banking watchdog for the European Union asked stablecoin issuers to voluntarily...
MiCA’s stablecoin transaction cap stifles crypto adoption, say lawyers By Cointelegraph
[ad_1] Stablecoin use could be “stifled” by daily transaction caps in the European Union’s Markets in Crypto-Assets (MiCA) legislation, with some calling for the framework...
Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin By Cointelegraph
[ad_1] © Reuters. Crypto and blockchain advocates have authored a report calling for the Hong Kong government to issue a stablecoin pegged to the region’s...
Italy’s central bank calls for framework to prevent stablecoin runs By Cointelegraph
[ad_1] Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a...
RBI lists risks of stablecoin for developing economies, calls for global regulation By Cointelegraph
[ad_1] Stablecoin has a lot of potential to harm emerging markets and developing economies, the Reserve Bank of India (RBI) claimed in its latest Financial...
Fed sees stablecoin as form of money, wants ‘robust’ role in its oversight, Powell says By Cointelegraph
[ad_1] The United States Federal Reserve Board sees payment stablecoins as a form of money, Chair Jerome Powell said during questioning at the House of...
Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO By Cointelegraph
[ad_1] Stablecoin protocol Reserve is investing $20 million into the governance tokens of yield farming apps Curve (CRV), Convex (CVX) and Stake DAO (SDT), according...
Sturdy stablecoin market reopens three days after $800K exploit By Cointelegraph
[ad_1] After recently suffering a recent exploit on its platform, decentralized finance (DeFi) protocol Sturdy Finance has reopened its stablecoin market. On June 16, the...
US House committee releases new stablecoin bill draft By Cointelegraph
[ad_1] The United States House Financial Services Committee has released the third draft of the stablecoin bill presented by its chair, Representative Patrick McHenry. The...
Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin By Cointelegraph
[ad_1] First Digital Group, a Hong Kong-based qualified custodian and trust company, announced the launch of its First Digital USD (FDUSD) United States dollar-pegged stablecoin...