Japan to limit stablecoin issuance to banks: report
The Financial Services Agency believes the new proposal will prevent stablecoin runs in Japan as banks and wire transfer firms are required to protect consumer assets.
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ECB expands PISA framework to cover digital currencies and stablecoins
The Governing Council of the ECB has published a new oversight framework that will cover digital currencies and promised even more regulations for the sector.
Regulated stablecoins have a place in Singapore’s economy: central bank
The Monetary Authority of Singapore is keeping an open mind on digital currencies and stablecoins but says they must go beyond illicit use and mere speculation.
SEC secures green light from US Treasury to regulate stablecoins
A working group convened by Treasury Secretary Janet Yellen has granted the push by SEC Commissioner Gary Gensler to let the securities regulator take control over stablecoins.
SEC Chairman Gary Gensler speaks on digital currency
The U.S. securities regulator plans to take enforcement action on the blockchain and digital currency industry, according to Chair Gary Gensler.
BIS wants central banks to move faster with CBDC amid looming stablecoin pressure
The head of the Bank for International Settlements has asked central banks to step up their efforts with CBDCs as they face a threat from stablecoins and DeFi.
Federal Reserve worries about stablecoins as pressure mounts on Tether
The U.S. Federal Reserve recently released minutes of its latest meeting, and one of the topics they discussed was stablecoins, specifically the risk stablecoins pose to financial stability.
CoinGeek Backstage: GAP600’s Daniel Lipshitz on building stablecoins on BSV
Daniel Lipshitz of GAP600 joined CoinGeek Backstage to talk about how is company is using the efficiency of BSV blockchain to power stablecoins.
USDC: Coinbase is involved with 2 stablecoin scams?
While the sheer size of the Tether and USDT scheme makes them lightning rod for stablecoin criticism, they aren’t the only stablecoin.
New Zealand to explore CBDC, integrating digital currencies and stablecoins
The Reserve Bank of New Zealand will be consulting the public on how a CBDC can work alongside cash, as well as issues arising from digital currencies like Bitcoin (BSV) and stablecoins.
CoinGeek Zurich: Stablecoins are coming to BSV
The opening day of CoinGeek Zurich included a panel session on the potential of stablecoins, with three panelists all of whom are actively working on stablecoin projects using the BSV enterprise blockchain.
Exposure to Tether scheme now reaches as far as NBA
Regulators have waited too long to act on so-called stablecoins, to the point where exposure to schemes like that being run using Tether has infected the entire digital asset industry—and even beyond it.