Circle CEO Calls for Stablecoin Issuers to Register in US
Jeremy Allaire, co-founder and CEO of Circle, emphasized that companies issuing digital tokens pegged to the US dollar should be registered in the United States.
Jeremy Allaire, co-founder and CEO of Circle, emphasized that companies issuing digital tokens pegged to the US dollar should be registered in the United States.
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.
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 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 has been proactively engaging with US politicians to influence forthcoming regulations.
US Federal Reserve Governor Christopher Waller highlighted the potential of stablecoins to enhance the global influence of the US dollar.
Tether’s recent move aims to directly integrate USDT stablecoin with Bitcoin’s infrastructure.

"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)
Altcoin Altcoins AML Banks Bitcoin Blockchain China Cryptocurrency Crypto exchanges Crypto mining Crypto regulations DAO Decentralized Finance Digital Assets ETH Ethereum Exchange-traded fund Fintech FOMO FUD Funding Gas Fees Hackers HODL Japan KYC Layer 2 Metaverse Mining NFT NFTs Private Key Regulation Russia Scalability Seed Phrase Smart Contract South Korea Stablecoin Stablecoins Staking US Volatility Wallet Web3