Stablecoins


Policy

UK Regulators to Introduce Rules for Stablecoins in New Markets Bill

The much-anticipated financial services and markets bill to be presented to Parliament includes rules for the use of stablecoins as a means of payment.

U.K. financial regulators are set to introduce rules for stablecoins as payment tools to Parliament. (Scott E Barbour/Getty Images)

Policy

US Treasury Open to Nonbanks Issuing Stablecoins, Official Says

Though regulators called for issuers to be regulated as banks last year, Nellie Liang argues the category is wider than it might seem.

Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, says nonbanks deserve a path to become government-approved stablecoin issuers. (Jesse Hamilton/CoinDesk)

Policy

‘Crypto and DeFi Won’t Disappear’: Hong Kong Monetary Chief

Hong Kong Monetary Authority CEO Eddie Yue tells a G20 meeting that crypto and decentralized finance will remain significant forces.

Hong Kong skyline (Ruslan Bardash/Unsplash)

Policy

Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says

The key legislation that could open a path for stablecoin rules isn’t expected to stick to regulators’ recommendation to insist only banks put out tokens.

Rep. Jim Himes (D-Conn.) is a senior member of the House Finance Services Committee, which is working on stablecoin legislation. (Al Drago/Getty Images)

Policy

Former Crypto Adviser Michael Barr Confirmed as Top US Financial Watchdog

The Senate approved the appointment of Barr, an ex-Ripple adviser who served in Obama’s Treasury Dept., as the Fed’s new vice chair for supervision.

Michael Barr (Tasos Katopodis/Getty Images)

Policy

International Standard Setters Publish Guidance on Stablecoin Regulations

The two groups recommend that stablecoins be treated the same as other assets that perform a transfer function.

International standards setters have set global guidelines for stablecoin regulations. (Janine Bolon/Pixabay)

Videos

Bitcoin Below $20,000; Voyager Refund Questions

Bitcoin price sinks below $20K ahead of U.S. CPI data. Voyager users to get back USD deposits; crypto refund plan uncertain. Celsius repays over $113 million in debt, recovers $122 million in collateral. Financial Stability Board highlights stablecoins in work on crypto regulation. Bank for International Settlements says cross-border payments key to CBDC development. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Policy

Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says

The Bank of England’s deputy governor said regulators should accelerate crypto rulemaking. If certain risks involving crypto can’t be managed, related activities must be stopped.

The Bank of England (Robert Bye/Unsplash)

Policy

Global Financial Watchdog FSB to Propose Crypto Regulations in October

The Financial Stability Board will recommend ways to oversee stablecoins and other digital assets to the G-20.

The FSB, whose chairman is Klaas Knot, will make recommendations to the G-20 on how to  regulate stablecoins and other crypto assets. (Horacio Villalobos /Getty Images)

Markets

Euro’s Fall Toward $1 Parity: What It Means for Crypto

The 1-to-1 exchange rate may add bearish pressures around bitcoin and inject volatility into euro-pegged stablecoins.

(Shutterstock)