CryptoGlobal Stablecoin Rulemaking Slows Prompting
Global stablecoin rulemaking slows prompting concerns over fragmentation risks. Policymakers debate safeguards to mitigate risks.
9 articles tagged with “stablecoin regulation”
CryptoGlobal stablecoin rulemaking slows prompting concerns over fragmentation risks. Policymakers debate safeguards to mitigate risks.
CryptoJeremy Allaire pushes back online criticism, defending Circle's refusal to freeze USDC tied to the $280 million Drift exploit. He argues that issuers cannot make unilateral asset-seizure decisions.
CryptoThe HKMA register shows stablecoin licensees in Hong Kong, marking a significant milestone. Anchorpoint Financial Limited and HSBC are the first to be licensed.
CryptoHong Kong granted its first stablecoin licenses, marking a significant regulatory shift. The approved issuers are expected to launch their operations in the coming months.
CryptoHong Kong grants stablecoin licences to Anchorpoint Financial and HSBC, marking a significant milestone in stablecoin regulation. This move is expected to boost the adoption of digital assets in the region.
CryptoTreasury moves forward with GENIUS Act, focusing on illicit finance. The proposed rule directs payment stablecoin issuers to establish AML/CFT programs.
CryptoThe U.S. Treasury has unveiled proposed rules to implement the GENIUS Act, establishing a system of mandatory federal oversight for stablecoins. Companies with stablecoin reserves exceeding $10 billion will be subject to federal supervision.
BitcoinThe U.S. Department of the Treasury has launched its first notice of proposed rulemaking under the GENIUS Act, releasing an 87-page proposal. The Treasury Genius rulemaking outlines how the Treasury will determine substantially similar state-level regulatory regimes.
Australia passes landmark crypto law, mandating licensing for exchanges and custodians. This move aims to safeguard users and promote a stable digital asset market.