Stablecoins


Policy

Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody

The Monetary Authority of Singapore released its stablecoin framework last year.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Finance

Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules

Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.

Circle Chief Strategy Officer Dante Disparte (left) and CEO Jeremy Allaire (Nikhilesh De/CoinDesk)

Opinion

U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms

The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.

BLACKPOOL, ENGLAND - MAY 03:  Labour Leader Keir Starmer arrives to meet new Labour MP for Blackpool South, Chris Webb at Blackpool Cricket Club on May 3, 2024 in Blackpool, England. Labour's Chris Webb was announced as the winner of the Blackpool South by-election. Former Conservative MP for Blackpool South Scott Benton resigned in the wake of a lobbying scandal triggering the by-election, which is held on the same day as the local and mayoral elections in England.  (Photo by Christopher Furlong/Getty Images)

Policy

EU's Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time

The European Banking Authority published its final report on draft standards for stablecoin issuers on June 19.

The EU's MiCA law starts to take effect at end-2024. (Pixabay)

Markets

Stablecoin Issuers Now 18th Largest Holder of U.S. Debt

Stablecoin issuers are fast emerging as a significant source of demand for the U.S. Treasury notes as concerns about Washington's debt management grow.

(TheDigitalArtist/Pixabay)

Policy

Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies

Members of the global financial stability body discussed areas that "warrant further attention" in the crypto sector during a meeting in Toronto last week.

Bloomberg Editor Stacy Marie Ishmael, Financial Stability Board Chair and Dutch Central Bank Governor Klaas Knot at the World Economic Forum's annual meeting in 2023. (Nikhilesh De/CoinDesk)

Policy

Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities

"How recently have you consulted with your lawyers about where the law currently?" asked an ASIC representative while speaking to an audience of crypto industry-goers.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Consensus Magazine

Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI

The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.

MakerDAO co-founder Rune Christensen (Trevor Jones)

Policy

U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan

Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.

(Shutterstock)

Policy

UK Sets July 4 Date for Election Likely to Oust Conservative Party, Spelling Uncertainty for Crypto Hub Plans

The opposition Labour Party has been silent on crypto, but said it is interested in promoting tokenization in the country.

U.K. Prime Minister Rishi Sunak stands at a lectern