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stablecoins

US senators urge Facebook to discontinue digital currency pursuit amid Novi wallet launch
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22 October, 2021

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
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19 October, 2021

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’
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19 October, 2021

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
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11 October, 2021

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
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7 October, 2021

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
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21 September, 2021

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...
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