Stablecoins
Most stablecoins won’t meet upcoming recommended standards, FSB says
The Financial Stability Board is set to publish recommendations for stablecoin regulations this year, and it says most existing stablecoins...
Bank of Israel reveals plan for proposed stablecoin regulation, supervision
Israel's proposed legislations in regulating stablecoins include restricting algorithmic stablecoins and uncollateralized assets, as well as "borrowing" the EU's MiCA...
Paxos stops minting BUSD—is Binance stablecoin finished?
Paxos CEO Charles Cascarilla said that the decision was not linked to the NYDFS order, clarifying that "The market has...
SEC plans to sue Paxos over Binance USD stablecoin, stay tuned
The SEC has sent a "Wells notice" to Paxos Trust over its use of BUSD; although Paxos' BUSD is "approved...
BIS developing new tool to monitor stablecoin balance sheets
Under Project Pyxtrial, the Bank for International Settlements is developing a tool for central banks to monitor stablecoins in a...
Why did Circle terminate HandCash USDC accounts?
After his brief hiatus, Joshua Henslee is back in the game as he speculates why stablecoin issuer Circle suddenly terminated...
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