Australia Pre-Empts Crypto Law Reform with New Licensing Rules for DeFi
Ahead of anticipated legislative reforms, Australia’s financial regulator is taking decisive action.
Ahead of anticipated legislative reforms, Australia’s financial regulator is taking decisive action.
JPYC Inc. has launched Japan’s first legally recognized yen-pegged stablecoin, JPYC, beginning trading on Monday.
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 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