US Banking Regulator Takes Lead, Crafting First Rules Under New Stablecoin Law
The FDIC is taking the lead in translating the GENIUS Act into enforceable regulations for the US stablecoin market.
South African Central Bank Sounds Alarm on $1.5B Crypto Market
South Africa’s central bank has issued a stark warning, declaring the country’s burgeoning crypto market a risk to financial stability.
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.
