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Stablecoins
Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
The Monetary Authority of Singapore released its stablecoin framework last year.

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.

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.

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.

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.

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.

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.

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.

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.

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.
