Bank of America May Issue its Own Stablecoin
Bank of America’s CEO, Brian Moynihan, is considering launching a stablecoin, contingent upon regulatory approval. He discussed this possibility during a recent interview with David Rubenstein.
Dubai Officially Recognizes USDC and EURC
Circle has announced that its stablecoins USDC and EURC have been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA).
Standard Chartered Teams Up with Animoca and HKT to Launch an HKD-Backed Stablecoin
Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands, and HKT have announced a collaborative venture to create and issue a stablecoin backed by the Hong Kong dollar.
Tether is Collaborating with US Lawmakers to Develop Stablecoin Regulations
Tether has been proactively engaging with US politicians to influence forthcoming regulations.
Fed Governor Waller: Banks Should Be Allowed to Issue Their Own Stablecoins
US Federal Reserve Governor Christopher Waller highlighted the potential of stablecoins to enhance the global influence of the US dollar.
Tether Launches USDT on Lightning Network
Tether’s recent move aims to directly integrate USDT stablecoin with Bitcoin’s infrastructure.
ESMA Urges Firms to Act Against Non-compliant Stablecoins
The European Securities and Markets Authority (ESMA) has established strict deadlines for crypto companies to take action against stablecoins that do not comply with the new MiCA.
