Bailey’s BoE Charts New Course: Embracing Stablecoins with Pragmatic Exemptions
Under Governor Andrew Bailey, the Bank of England is signaling a more pragmatic approach to digital currencies by planning exemptions to its proposed stablecoin caps.
Under Governor Andrew Bailey, the Bank of England is signaling a more pragmatic approach to digital currencies by planning exemptions to its proposed stablecoin caps.
A new report states that Sui Group Holdings is launching two dollar-pegged tokens on the Sui blockchain.
An EU financial stability watchdog is pushing to ban certain stablecoins.
Visa is deepening its embrace of digital currency by launching a pilot that uses Circle’s USDC and EURC stablecoins for cross-border business payouts.
Tether, the issuer of the $172 billion USDT stablecoin, is reportedly in talks for a funding round that would redefine its status in the financial world.
The CFTC has officially recognized what crypto advocates have long predicted: the primary use for stablecoins in high finance is as collateral.
LINE is making a major push into digital payments and Web3.
"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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