FSOC: Stablecoins Threaten Financial Stability
The United States Financial Services Oversight Council (FSOC) has expressed concern about the lack of adequate risk management standards in the stablecoin market.
The United States Financial Services Oversight Council (FSOC) has expressed concern about the lack of adequate risk management standards in the stablecoin market.
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning regarding Pump.fun, a memecoin generator platform that is not authorized to operate in the country.
AUSTRAC is taking a strict approach towards cryptocurrency ATM providers in Australia who do not adhere to the country’s anti-money laundering regulations.
USDC has achieved compliance with Canada’s updated regulations for digital assets, making it the first of the top dollar-backed stablecoins to do so.
David Sacks, former operating chief of PayPal and current podcast host, has been chosen by President-elect Donald Trump as his primary policy advisor for artificial intelligence and cryptocurrency.
BitGo is in discussions with India’s Financial Intelligence Unit (FIU) to enter the growing digital asset market in the country.
Binance.US has recently added the popular memecoin Pepe to their list of available currencies,

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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