Hong Kong granted its first two stablecoin issuer licenses to HSBC and Anchorpoint Financial, a Standard Chartered-led consortium that includes Animoca Brands on Friday.The...
US Treasury Secretary Scott Bessent has asked Congress to pass the Digital Asset Market Clarity (CLARITY) Act without delay, warning that Senate floor time...
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In a positive development for the crypto industry, a recent study by...
A White House report released Wednesday directly challenges the banking industry's claims that stablecoin yields would drain deposits and weaken lending to households and...
A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides.According to...
Circle Payments Network (CPN) Managed Payments let financial institutions operate in fiat, while using crypto rails behind the scenes via Circle.Circle today launched Circle...
South Korea’s ruling Democratic Party proposed a “Digital Asset Basic Act” Wednesday that would establish a legal framework for digital assets, including issuance, trading,...
The onchain value of stablecoins on the Ethereum network has reached an all-time high of $180 billion, according to blockchain analytics firm Token Terminal.Ethereum...
The US Federal Deposit Insurance Corporation (FDIC) has proposed new rules to regulate FDIC-supervised stablecoin issuers in accordance with the Guiding and Establishing National...
