stablecoin regulation

SEC Exploring Crypto ‘Innovation Exception’ To Boost Sector

SEC Exploring Crypto ‘Innovation Exception’ To Boost Sector

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Following the historic vote on three major crypto bills, the Securities and Exchange Commission (SEC) is reportedly considering regulatory changes related to digital assets to incentivize the industry. SEC Eyes New Regulatory Changes On Thursday, SEC Chairman Paul Atkins affirmed that the […]

SEC Exploring Crypto ‘Innovation Exception’ To Boost Sector Read More »

House Passes Motion To Reconsider Key Bills

House Passes Motion To Reconsider Key Bills

Crypto legislation appears to be back on track after US lawmakers passed a motion to reconsider three crucial digital asset bills in a narrow vote. This effort follows Tuesday’s failed attempt to advance the proposed legislation to a floor debate during the “Crypto week.” Related Reading US House Passes Motion To Reconsider On Wednesday, the

House Passes Motion To Reconsider Key Bills Read More »

Bank Of Korea Warns Of Stablecoins From Non-Bank Entities

Bank Of Korea Warns Of Stablecoins From Non-Bank Entities

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bank of Korea’s Governor has warned about the issuance of stablecoins by non-bank entities, arguing that these digital assets could confuse monetary policies and foreign exchange regulations. BOK Concerned About Non-Bank Stablecoins At a Thursday press conference, Bank of Korea (BOK)

Bank Of Korea Warns Of Stablecoins From Non-Bank Entities Read More »

Powell Backs Stablecoin Regulation as Circle Pursues US Bank Charter After B IPO

Powell Backs Stablecoin Regulation as Circle Pursues US Bank Charter After $18B IPO

Key Notes Powell described stablecoins as positive financial innovation requiring clear regulatory oversight and integration rules. Circle’s trust charter application would enable direct USDC reserve management and tokenized asset custody services. Legislative momentum builds with GENIUS Act potentially arriving mid-July to link stablecoins with Treasury securities. Federal Reserve Chair Jerome Powell stated on July 1

Powell Backs Stablecoin Regulation as Circle Pursues US Bank Charter After $18B IPO Read More »

Kakaopay Stock Plunges 17% as Korean Exchange Suspends Trading Over Stablecoin Exposure

Kakaopay Stock Plunges 17% as Korean Exchange Suspends Trading Over Stablecoin Exposure

South Korean fintech giant KakaoPay crashed 17% on June 27 as trading resumed after the Korea Exchange suspended the stock for the second time in a week due to rising skepticism about won-pegged stablecoin. According to Bloomberg, the exchange designated Kakaopay as an “investment risk” due to extreme volatility, but the underlying cause runs much

Kakaopay Stock Plunges 17% as Korean Exchange Suspends Trading Over Stablecoin Exposure Read More »

Warning From Central Banks: Stablecoins Fall Short As Effective Monetary Tools

Warning From Central Banks: Stablecoins Fall Short As Effective Monetary Tools

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bank for International Settlements (BIS) has issued a stark warning regarding the alleged risks associated with stablecoins, urging nations to expedite the tokenization of their currencies.  Stablecoins Under Scrutiny The BIS, often referred to as the central bank for central banks,

Warning From Central Banks: Stablecoins Fall Short As Effective Monetary Tools Read More »

Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks

Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks

US President Donald Trump has called on the House of Representatives to swiftly pass the GENIUS Act without making any amendments, urging lawmakers to deliver the bill to his desk “ASAP.” In a post on Truth Social Thursday, Trump celebrated the Senate’s approval of the bill and warned against any attempts to delay or tweak

Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks Read More »

Meta’s Stablecoin Plan Questioned By Senators In New Letter

Meta’s Stablecoin Plan Questioned By Senators In New Letter

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As crypto legislation advances through the US Congress, two senators have sent a letter to Meta founder Mark Zuckerberg inquiring about the company’s stablecoin strategy following recent reports alleging that the tech giant is planning to launch a private currency. Democrats Question

Meta’s Stablecoin Plan Questioned By Senators In New Letter Read More »

Apple, X, Airbnb Eye Stablecoin Integration

Apple, X, Airbnb Eye Stablecoin Integration

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As US lawmakers work on passing crucial crypto-related legislation, multiple tech giants are reportedly exploring the adoption of stablecoins to lower transaction costs and streamline cross-border payments. Apple, Airbnb, X Eye Stablecoin Integration On Friday, Fortune reported that multiple Big Tech companies

Apple, X, Airbnb Eye Stablecoin Integration Read More »

Stablecoin Bill ‘Going To Pass’, Says Trump’s Crypto Czar

Stablecoin Bill ‘Going To Pass’, Says Trump’s Crypto Czar

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The White House’s AI and Crypto Czar, David Sacks, has said that the Trump administration is optimistic about the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act moving through the Senate after it regained momentum and bipartisan support. Stablecoin Regulation

Stablecoin Bill ‘Going To Pass’, Says Trump’s Crypto Czar Read More »