The Hong Kong government, in a press release on Wednesday, informed that a public consultation was launched on February 8, 2024, regarding legislative proposals for a licensing regime for providers of…
In the ongoing legal battle between the Securities and Exchange Commission (SEC) and Binance, stablecoin issuer Circle has contended that regulatory frameworks for financial trading should not extend to stablecoins.
Circle,…
The Monetary Authority of Singapore (MAS) on Wednesday announced new regulatory framework for stablecoins. The new regulatory framework is based on feedback received during its October 2022 public consultation, the…
The Financial Stability Board (FSB), an international agency entrusted with overseeing the global financial system, has announced the release of a complete worldwide regulatory framework for cryptocurrencies.
This framework, which has…
Circle's Chief Strategy Officer, Dante Disparte, testified before the U.S. Senate Committee on Banking, Housing, and Urban Affairs on Aprilm 19. He spoke about the benefits of payment stablecoins, which…
The United States House Committee on Financial Services is set to hold a hearing on April 19 to discuss stablecoins and their position as a means of payment. The committee…
Japanese regulators are reportedly reconsidering the ban on trading in stablecoins like USDT and USDC in the new year. Right now, there are 31 cryptocurrency exchanges registered with Financial Services…
Poloniex has announced that it will suspend deposits and withdrawal functions for stablecoins on the BEP20 (BSC) network effective from November 24. The affected stablecoins include USDT, TUSD, USDC, and…
A bipartisan bill which is gaining steam in the House could lead to a two-year moratorium on issuing so-called algorithmic stablecoins like TerraUSD.
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