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Stablecoin
European Council Takes One Step Closer to Ratifying Landmark Crypto Regulation
The European Council and Parliament will now negotiate the rules set out in the framework.
Bank of England Governor Touts CBDCs Over Stablecoins: Report
BoE chief Andrew Bailey said the bank wouldn’t be moving into the retail bank account business through a CBDC.
Bank of America Sees Stablecoin Regulation as Catalyst to Mass Adoption
Stablecoins are viewed as a systemically important asset with a market value of around $141 billion.
Biden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto
Both candidates are seen as taking a tough stance on crypto regulation, but they’re also both seen as dovish – possibly beneficial for bitcoin’s inflation narrative.
Circle’s New VC Fund Backs $4.4M Funding Round for Japanese Stablecoin Issuer
The investment in JPYC, whose coin is pegged to the Japanese yen, is the fund’s first.
The Crypto Industry Isn’t Too Thrilled About Biden’s Big Policy Moves
Crypto lobbyists now face two problematic tax provisions and some debatable recommendations on stablecoin regulation.
Acting Comptroller of the Currency Michael Hsu on Stablecoin Risks, Innovation, Regulation
Acting Comptroller of the Currency Michael Hsu breaks down the President’s Working Group on Financial Markets' (PWG) long-anticipated stablecoin report published last week, which proposes rigorous new oversight of stablecoin backing. He shares insights into stablecoins' operational risks, financial and technological innovation, and potential regulatory approaches. Plus, his views on DeFi.
Former CFTC Chairman Timothy Massad on White House Report on Stablecoin Regulation
The Biden Administration’s long-anticipated stablecoin report published Monday confirmed the President’s Working Group on Financial Markets (PWG) is recommending Congress to enact a law for stablecoins to be regulated like banks.
