Stablecoins
FSB Plenary praises progress on addressing financial stability risks relating to digital assets
The Financial Stability Board Plenary meeting discussed the general outlook for global financial stability and the progress made in implementing...
UAE central bank approves dirham-backed stablecoins
Aware of its potential to destabilize the financial ecosystem, the Central Bank of the United Arab Emirates is taking a...
PayPal Digital secures NYDFS trust charter
As a cautious approach, U.S. authorities mandate PayPal to prove USD deposits or similar cash equivalents back its PYUSD despite...
Japan’s Nomura bank announces new stablecoin project
Nomura has partnered with the GMO Internet Group to offer stablecoins backed by Japanese yen and U.S. dollars alongside a...
EU body mulls including digital currency ETFs in UCITS for retail investors
For the first time since 2007, the European Securities and Markets Authority (ESMA) is reviewing which assets might be appropriate...
Coinbase leans heavily on accounting changes to post billion-plus profit
Figures released on May 2 show Coinbase generated revenue of nearly $1.6 billion in the three months, more than twice...
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