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Draft bill suggests separating legislation on payment stablecoins and digital asset markets

The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study.

Continue ReadingDraft bill suggests separating legislation on payment stablecoins and digital asset markets

Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues

According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the…

Continue ReadingSociete Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues