Bank of England Proposes £20,000 Cap on Stablecoin Holdings
Bank of England's proposed £20,000 cap on individual stablecoin holdings aims to prevent rapid deposit flight from commercial bank...
Can Stablecoin Replace Failing Fiat? Tether’s BTC Buys, OKX Brazil Push in Spotl...
Stablecoin activity has expanded beyond trading as Tether has allocated profits into Bitcoin and OKX has launched a yield wallet a...
Australia Risks Being “Left Behind” as Tokenization Transforms Global Markets –...
ASIC has warned that Australia could lose ground as tokenization has advanced worldwide, citing onchain RWA expansion, bank pilots...
Japan’s Top Banks to Pilot Yen-Backed Stablecoin Under FSA’s Payment Innovation...
TLDR: Japan’s FSA backs the first multi-bank yen stablecoin pilot under the Payment Innovation Project. MUFG, SMBC, and Mizuho wil...
Japan’s FSA Backs Yen-Backed Stablecoin Pilot Involving Three Megabanks
Japan's FSA said that it would provide support to a joint yen-backed stablecoin pilot project led by three Japanese major banks.T...
DeFi Platform Elixir Halts Support for deUSD After Stream Finance’s $93M Loss
Elixir halted support for its deUSD stablecoin following Stream Finance’s $93 million loss, which caused deUSD to crash to $0.015....
Circle Urges “Same Activity, Same Rules” For GENIUS Act Stablecoins
Circle has submitted comments to Treasury on the GENIUS Act, proposing fully backed payment stablecoins, segregation of reserves,...
Circle Caves to Political Pressure, Reverses USDC Gun Purchasing Ban
Circle reverses USDC gun ban following political pressure, updating its terms of service to permit legal firearm purchases with it...
Bank of England to Unveil Stablecoin Regulatory Regime, Keeping Pace With US
The Bank of England is preparing to release its long-awaited regulatory framework for stablecoins, aiming to match the pace of US...
Canada to Regulate Stablecoins Under 2025 Federal Budget Plan
TLDR Canada plans to regulate fiat-backed stablecoins under its 2025 budget, focusing on reserves and redemption. Issuers must ado...