The Central Bank of Ireland has publicly reprimanded and fined Coinbase Europe Limited €21,464,734 for fundamental failures in its anti-money laundering framework.
In a powerful show of unity, Japan’s three banking giants—Mizuho, MUFG, and SMBC—are collaborating on a shared stablecoin project with the full support of the national financial regulator.
Hong Kong has ushered in a new phase for its financial sector with the launch of its first tokenized fund by Franklin Templeton.
Mastercard is collaborating with Ripple and Gemini to pilot the use of stablecoins for settling card transactions. The initiative will utilize the RLUSD stablecoin on the XRPL blockchain.
As part of a sweeping modernization of its financial markets, the UK will unveil its proposed stablecoin regulations on November 10.
Amid a wave of “extreme fear” in the digital asset market, US spot exchange-traded funds (ETFs) for Bitcoin and Ethereum witnessed a massive combined net outflow of $797 million on Tuesday, signaling a sharp pullback by institutional investors.
The crypto industry is welcoming Canada’s pledge to regulate stablecoins, a key announcement in the government’s 2025 budget.
