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MiCA Compliant Euro Stablecoin Depegs to $0.85 After 1-of-3 Multisig Exploit Drains Millions

Malta-based stablecoin issuer StablR suffered a security incident on Sunday, after an attacker exploited a weak multisig configuration to mint millions of unbacked EURR and USDR tokens and dump them…

Continue ReadingMiCA Compliant Euro Stablecoin Depegs to $0.85 After 1-of-3 Multisig Exploit Drains Millions

Bank of England Moves Stablecoin Rules to June as UK Targets Year-End Framework

Bank of England Deputy Governor Sarah Breeden has detailed a comprehensive plan to modernize the UK financial ecosystem by integrating stablecoins, asset tokenization, and overhauled payment architectures. A Shift in…

Continue ReadingBank of England Moves Stablecoin Rules to June as UK Targets Year-End Framework