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Stablecoins
Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products
Circle received its approval shortly after fellow stablecoin issuer Paxos received its own license.
Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
Paxos is the latest company to secure a license in Singapore, allowing it to offer blockchain or crypto services to local businesses.
Kollider Raises $2.4M to Build ‘Lightning-Native’ Financial Products
The bitcoin derivatives exchange already has bitcoin-backed synthetic stablecoins and a Lightning-enabled bitcoin wallet in the pipeline.
Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.
Stablecoins: A New Key to Success in the Current Crypto Market
Speculation leads to innovation, but in a volatile bear market traders need stability.
UK Lawmakers Vote to Recognize Crypto as Regulated Financial Activity
The lower house of the Parliament voted in favor of adding crypto to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins.
Crypto-Friendly Rishi Sunak Appointed UK Prime Minister Following Truss Exit
Rishi Sunak, who shepherded the U.K.’s new crypto ambitions during his time as finance minister, will be the country’s next prime minister following Liz Truss’ exit from office last week. Millicent Labs co-founder Kene Ezeji-Okoye discusses the move and what this means for crypto. Plus, his outlook for a digital pound and private stablecoins.
EU Stablecoin Caps Could Lighten or Get Tougher, French Official Warns
Limits on stablecoins denominated in currencies other than euros were among the most controversial elements of the European Union’s Markets in Crypto Assets law.
Anchorage Digital General Counsel on Stablecoin Regulation
Anchorage Digital General Counsel Georgia Quinn joins "First Mover" to discuss the lessons learned from the collapse of Terra and why consistent stablecoin regulation will bolster and upgrade the U.S. dollar for the digital age.
South Korean Regulator Plans to Look at Stablecoins' Role in Money Laundering: Report
The country's Financial Services Commission considers stablecoins to be highly susceptible to money laundering, according to a new report.
