Stablecoins

December 21, 2023

Stablecoin laws: Only 6 countries had legislation in place in 2023

Out of 35 countries analyzed by PwC, only six jurisdictions had stablecoin regulations in place in 2023, including Switzerland and Japan.   The stablecoin industry, featuring […]
December 14, 2023

Basel Committee suggests introducing maturity limits for stablecoin reserve assets

Should longer-term assets be allowed as reserve assets, the committee thinks these must overcollateralize the claims of stablecoin holders.   On December 14, the Basel Committee […]
December 13, 2023

German asset manager DWS joins Galaxy to issue euro stablecoin

AllUnity, a new joint venture by DWS, Galaxy, and Flow Traders, plans to issue the euro stablecoin on all major public permissionless L1s and L2s, as […]
December 06, 2023

France’s 3rd-largest bank, Société Générale, launches euro-pegged stablecoin

The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s customer base for trading use.   […]
November 29, 2023

Tether’s ‘new era for capital raises’ Bitfinex bond flops

The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch.   Bitfinex’s recent venture into tokenized […]
October 31, 2023

UK publishes plans for stablecoins regulation

Non-fiat-backed stablecoins will not be allowed into regulated payment chains.   The UK government has unveiled its updated plans to regulate fiat-backed stablecoins. In a document […]
August 29, 2023

US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction

The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions.   The Federal Reserve is […]
March 30, 2023

Blockchain and regulated stablecoins to be widely used by 2030, industry execs say

Controlled stablecoins are in the spotlight with policymakers as a panel of digital control space experts discuss the future use of the asset at the World […]
March 09, 2023

Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair

In the tug-of-war between the United States regulators over control of crypto assets, the Commodity Futures Trading Commission chair has tripled-down on his stance that Ether […]

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