Cointelegraph Editor-in-Chief Kristina Cornèr talks digital currencies with Mastercard at Global Impact Week
Mastercard is taking a slow but steady approach to bridging the realm of fiat and cryptocurrencies.
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Fed chair Jerome Powell says he isn’t concerned about crypto disrupting financial stability in the US
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell.
Senators Slam Stablecoins in Latest Push For Tighter Regulations
Massachusetts Senator Elizabeth Warren is leading the charge against crypto once again. In a video posted on Dec. 15, she said that stablecoins pose risks to consumers and the economy…
Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh
He clarified that it's mostly fiat money stablecoins that bear the brunt of this regulatory scrutiny.
$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells
During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere…
U.S. Senate Banking Committee to Convene on Stablecoins
The U.S. Senate’s Banking, Housing, and Urban Affairs Committee will hold a hearing on Dec. 14 to discuss stablecoins. The meeting titled “Stablecoins: How Do They Work, How Are They…
Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies
Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in…
Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance
The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year.
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