stablecoins Archives

stablecoins

18 March, 2023

Australian commercial bank launches stablecoin for cross-border transactions

The fully-banked stablecoin will enable transactions across seven leading fiat currencies, including the U.S. dollar, euro, and yen, in an...

Is Hong Kong opening up to digital assets?

Business

James Field

7 March, 2023

Is Hong Kong opening up to digital assets?

Many may see Hong Kong's latest regulation as a welcoming to digital asset exchanges, but the stringent requirements for licenses...

Coinbase delisting BUSD as SEC stablecoin scrutiny mounts

Business

Steven Stradbrooke

28 February, 2023

Coinbase delisting BUSD as SEC stablecoin scrutiny mounts

BUSD trading on Coinbase will be suspended on March 13, but BUSD holders will continue to have access to their...

Most stablecoins won’t meet upcoming recommended standards, FSB says

Business

Steve Kaaru

28 February, 2023

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

Business

Wahid Pessarlay

28 February, 2023

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...

Business

Gavin Lucas

23 February, 2023

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...

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Steve Kaaru

14 Nov 2024

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