The US Senate Proposes New Bill on Stablecoins
Senators Kirsten Gillibrand of New York and Cynthia Lummis of Wyoming have jointly introduced a bill in the Senate regulating stablecoin payments.
Paolo Ardoino: Stablecoin Competition is Important for Regulation
According to Tether CEO Paolo Ardoino, the move by Ripple to launch its own stablecoin could greatly improve the legitimacy of the stablecoin market.
Coinbase is Against Basel Committee’s Requirements for Stablecoins
The Basel Committee on Banking Supervision has expressed a desire to limit banks’ use of “stablecoins” through its requirements.
USDC’s Market Cap Reaches an Annual High
Since the beginning of January 2024, the market supply of the second-largest stablecoin, USD Coin (USDC), has been increasing.
IMF Report: Stablecoins Can Improve Financial Inclusion
The International Monetary Fund (IMF) views stablecoins as a potential tool for enhancing financial inclusion across Asian nations.
OKX Delists Tether for EU Users
OKX has stopped offering support for trading pairs involving Tether’s USDT stablecoin to users in the European Union and the European Economic Area (EEA).
The EU Releases Draft Regulatory Standards for Stablecoin Issuers
The EU has released preliminary regulatory guidelines for stablecoin issuers regarding the resolution of complaints.
