BoE to Stablecoin Issuers: Park 40% of Reserves With Us
The Bank of England will require stablecoin issuers to hold nearly half of their reserves at the central bank, a key part of a new regulatory crackdown
Visa Launches Stablecoin Payouts for Gig Workers
For freelancers and gig workers waiting on payments, Visa is testing a faster solution: stablecoin payouts.
UK Takes Major Step to Tame Crypto, as BoE Unveils Systemic Stablecoin Plan
The United Kingdom has launched a decisive move to bring the crypto world into the fold of traditional finance, with the Bank of England publishing its proposed regulatory regime for “systemic stablecoins.”
Japan’s Biggest Banks to Test Common Stablecoin with Regulator’s Blessing
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.
Mastercard Partners with Ripple, Gemini to Test Stablecoin Settlement for Card Payments
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.
UK Accelerates Crypto Ambitions with Forthcoming Stablecoin Regulation
As part of a sweeping modernization of its financial markets, the UK will unveil its proposed stablecoin regulations on November 10.
Crypto Industry Applauds Canada’s Planned Stablecoin Framework
The crypto industry is welcoming Canada’s pledge to regulate stablecoins, a key announcement in the government’s 2025 budget.
