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Stablecoins
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...
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...
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