Bank of England Unveils Plans for Regulating Sterling Stablecoins, Seeks Public Input
Key Insights The Bank of England has launched a consultation on regulating sterling-denominated “systemic” stablecoins and potentially introducing a digital…
ASIC Says Stablecoins and Wrapped Tokens Are Financial Products
Key Insights ASIC now classifies stablecoins, wrapped tokens, tokenised securities and digital asset wallets as financial products, requiring licensing. A…
Australia Grants Licensing Relief for Stablecoin Intermediaries
Key Insights ASIC has granted licensing relief for intermediaries distributing stablecoins issued by licensed entities, easing compliance costs until 2028.…
Trump Signs Landmark GENIUS Act, Ushering in First U.S. Stablecoin Regulation
Key Insights President Trump has signed the GENIUS Act, the first federal law regulating stablecoins, requiring full asset backing, annual…
UK Plans Unified Crypto Regulation Framework for 2025
Key Insights The UK government plans to implement a unified cryptocurrency regulatory framework in early 2025, combining oversight of stablecoins…
New EU’s MiCA Regulation Force Stablecoin Conversions, Industry Adapts
Key Insights EU’s Markets in Crypto Assets regulation for stablecoins is now in effect, permitting only regulated stablecoins within the…
UK Finalizes Crypto Regulation Plan Starting with Stablecoins
Key Insights The UK government has finalized its crypto regulation roadmap, starting with rules for fiat-backed stablecoins in early 2023.…
Coinbase to Suspend Trading of Tether, DAI, and RAI Stablecoins for Canadian Users
Key Insights Coinbase will suspend trading Tether (USDT), DAI, and RAI stablecoins for Canadian users starting September 1st. The decision…
Fake PYUSD Tokens Emerge Across Blockchains, Investors Beware
Key Insights PayPal’s introduction of the PYUSD stablecoin triggers a surge in fake tokens Nearly 30 imitation tokens with the…