UK Central Bank Eases Stablecoin Rules Following Market Response
The Bank of England has abandoned previous proposed rules on stablecoins in its final policy and draft rules. The latest revisions were made in response to widespread concern that the…
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Polygon Dominates Latam: How the Network Processed $309 Million in Stablecoins Last Month
Sandeep Nailwal, co-founder of the Polygon Foundation, stressed that the network managed over $300 million in stablecoins from emerging markets in May. He also highlighted that the growth of non-dollar…
Coinbase Urges Congress to Treat Stablecoins Like Cash and Ease Crypto Tax Burdens
Coinbase’s vice president of tax, Lawrence Zlatkin, testified before the House Ways and Means Committee on June 9, asking lawmakers to stop requiring Americans to calculate capital gains every time…
Peter Schiff Blasts Jamie Dimon’s Push for Bank-Style Rules on Stablecoins
Economist Peter Schiff publicly broke with JPMorgan CEO Jamie Dimon on June 7, arguing that stablecoin issuers should not be held to the same capital and compliance standards as banks.…
Stablecoins Are Becoming a Fight Over the Future of Digital Money: Interview With BitGo COO Jody Mettler
As stablecoins move closer and closer to mainstream financial infrastructure, the regulatory debate around them is seemingly becoming less about crypto in isolation and more about the future outlook of…
Banks Fear Stablecoins as Yield Threatens Deposit Business: Report
Popular crypto analyst EGRAG CRYPTO has claimed that banks are fighting stablecoins not because they are risky, but because they allow people to hold, move, and potentially earn returns on…
CLARITY Act Clears Committee, But Money Laundering Question Hovers Over Crypto
The Senate Banking Committee voted 15-9 on Thursday to move forward on the CLARITY Act, a crypto market structure proposal that has been the subject of debate for a while…
Why Ethena Just Recorded Its Biggest Network Growth in Over Three Months
Ethena recorded its largest single day of network growth in more than three months on May 12, as the number of newly created wallets surged alongside a sharp rise in whale…
Solana and Google Cloud Team Up for Stablecoin-Powered AI Agent Payments
The Solana Foundation has partnered with Google Cloud to launch Pay.sh, a platform that allows AI agents to use and pay for API services using stablecoins on Solana. The two…
Circle Shares Jump 20% as Lawmakers Reach Stablecoin Deal
Circle Internet Group’s stock jumped nearly 20% on Monday after two US senators announced a bipartisan compromise on one of the most contentious issues holding up federal crypto legislation. The…
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