Kraken to UK Regulators: Move Faster on Crypto Rules or Risk Falling Behind
Kraken’s UK chief has called for faster regulatory action on stablecoins and tokenization.
Kraken’s UK chief has called for faster regulatory action on stablecoins and tokenization.
The stablecoin ambitions of China’s tech titans have hit a formidable wall: the Chinese state.
The Bank of England envisions a future where stablecoins are a key part of the monetary system, and its current plan for temporary limits is a bridge to get there safely.
Bridge, the stablecoin infrastructure company owned by Stripe, is applying to become a nationally chartered trust bank.
Under Governor Andrew Bailey, the Bank of England is signaling a more pragmatic approach to digital currencies by planning exemptions to its proposed stablecoin caps.
A new report states that Sui Group Holdings is launching two dollar-pegged tokens on the Sui blockchain.
An EU financial stability watchdog is pushing to ban certain stablecoins.

"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)
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