
Stablecoins
US senators urge Facebook to discontinue digital currency pursuit amid Novi wallet launch
Five U.S. lawmakers wrote a letter to Zuckerberg urging him to discontinue the Novi and Diem ventures, stating that Facebook...
IMF warns of global financial system ‘contagion risk’ from stablecoins
In particular, the report links to risks of service disruption, hacks and other attacks on exchanges, and low levels of...
Bank of England chief: Digital currency regulation a ‘matter of urgency’
The Deputy Governor said the risks posed by stablecoins as well as decentralized and derivatives trading on unbacked assets, were...
Visa announces interoperability platform for CBDCs and stablecoins
The platform would enable CBDCs to be transferred from one blockchain to another, and would also allow stablecoins to operate...
USDC issuer Circle Financial subpoenaed by US securities regulator
The firm revealed in a recent regulatory filing that the Securities and Exchange Commission (SEC) subpoenaed it in July, although...
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...