US Senators Prohibit Yield on Inactive Stablecoins in New Bill Language
In a draft market structure bill, US senators have proposed a clear prohibition on stablecoin rewards for idle holdings.
National Trust Charter Sought for Full-Scale USD1 Operations
The Trump family’s crypto platform, World Liberty Financial, has applied to operate as a national trust bank.
FDIC Charts Course for Financial Institutions to Issue Stablecoins
In a continued rollout of the GENIUS Act, the FDIC has proposed a formal application rule for payment stablecoin issuance.
Startale and SBI Announce Plans for Institutional Yen Stablecoin
Blockchain firm Startale Group and financial conglomerate SBI Holdings have partnered to issue a Japanese yen stablecoin.
Stripe’s Tempo Project Opens Testnet to All Users
Tempo, the collaborative blockchain from Stripe and Paradigm, has officially launched its public testnet.
Tether’s USDT Secures Multi-Blockchain Regulatory Nod in Abu Dhabi
Tether’s USDT has secured regulatory recognition as a sanctioned fiat-referenced token across various prominent blockchains from the Abu Dhabi Global Market (ADGM).
South Korean Ruling Party Demands Stablecoin Plan, Floats Consortium Model
South Korea’s ruling party has drawn a line in the sand, ordering the Financial Services Commission to deliver a stablecoin regulatory plan by December 10.
