UK central bank is warming up to stablecoins, but says industry input is lacking
The Bank of England is open to fixes on its proposed stablecoin framework, but one official said it needs better feedback from crypto industry participants.
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The Bank of England is open to fixes on its proposed stablecoin framework, but one official said it needs better feedback from crypto industry participants.
Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported.
MetaComp’s Pre-A+ funding round, backed by Alibaba and Spark Venture, brings the total capital raised to $35 million, with aims to expand its StableX Network globally.
The Singapore-based company provides services that bridge traditional fiat payment rails and stablecoin settlement infrastructure.
HKMA Chief Executive Eddie Yue said last month that the regulator had received 36 applications under the new framework.
US lawmakers are eyeing tax exemptions for US dollar stablecoins, which are pegged and do not change in value, but not other cryptocurrencies.
Bitcoin Magazine Policy Group Calls for Bitcoin Inclusion in Proposed Crypto Tax Exemption The Bitcoin Policy Institute (BPI) is urging Congress to broaden proposed de minimis tax relief for digital...
Illicitly traded gold from the Amazon Basin is increasingly being bought in Venezuela using the USDT stablecoin, according to a new report.
The funding will support development of a programmable execution layer designed to enable faster issuance and settlement of digital assets on the network.
William Blair said Circle’s recent rally reflects more than macro factors, pointing to USDC resilience and growing recognition of the firm’s stablecoin infrastructure advantage.
The goal is to make it easier for users to earn returns on crypto without having to choose or manage strategies themselves.
Lido is consolidating its Earn offering into EarnETH and EarnUSD, the latter of which represents its first stablecoin vault.