Bank of Korea establishes a crypto asset division to oversee the crypto market and discuss local stablecoins.
China Industrial Bank prioritizes stablecoin research and AI to enhance its digital finance strategy, aligning with national goals.
AllScale leverages stablecoins to aid 600 million micro businesses through WhatsApp.
Nigeria's SEC plans to regulate stablecoin firms under a new legal framework, potentially opening the market to them.
US crypto legislation ignites a $4B surge in stablecoin supply, as regulatory clarity invites banks and asset managers to innovate.
The CMC Group has introduced a dual token ecosystem featuring FUST and FUSD, marking a new phase in stablecoin innovation.
KeyCorp Bank CEO expresses optimism about stablecoins, highlighting their speed and cost-effectiveness as major benefits for clients.
Conflux plans to launch a yuan-backed stablecoin, following its public network's latest version release.
BitGo files for a US IPO amidst booming crypto valuations and investor interest. The market reaches $4 trillion, driven by institutional investments and new US stablecoin regulations. BitGo, known for secure crypto custody, previously raised $100 million at a $1.75 billion valuation.
Donald Trump signs the GENIUS Act, a historic regulation for stablecoins in the U.S.
The SEC's Crypto Task Force seeks input from investors to shape post-GENIUS Act policy, marking a pivotal moment in U.S. crypto regulation.
Trump signs GENIUS Act, the first major US federal law to regulate stablecoins.
Crypto executives were present as Trump signed a stablecoin bill into law, marking significant political engagement from the crypto industry.
SEC explores regulatory exemptions for Ethereum tokenization post-stablecoin bill.
The SEC is contemplating an innovation exemption to bolster the tokenization ecosystem, influenced by the House's recent stablecoin bill passage.
SEC Chair Paul Atkins calls the new stablecoin bill 'historic' and advocates for an 'innovation exception' to encourage tokenization.
Noah and Gnosis partner to establish a global stablecoin payments infrastructure, aiming to enhance the financial ecosystem.
Bank of America CEO Brian Moynihan cites regulatory uncertainty and limited demand as reasons for delaying stablecoin plans.
US House advances bills defining Bitcoin as a commodity, opposing a Federal Reserve CBDC, and regulating stablecoins.
House Republicans failed to pass a procedural vote halting progress on the 'Crypto Week' agenda, including the GENIUS Act for stablecoin regulation, leading to a stalled bill passage.
Core Foundation launches Rev+ to reshape revenue for stablecoin issuers and Web3 developers.
Stablecoins promise a revolution in digital payments, but face challenges on the path to mass adoption.
Lawmakers must understand crypto to implement effective regulation that reflects modern financial models.
The Genius Act ensures stablecoin users' protection, but prioritizing them in bankruptcies raises concerns for US banks.
The Bank of Korea's Governor warns that stablecoins could undermine monetary policy control, highlighting regulatory challenges. An eight-bank consortium plans a Korean won-backed stablecoin, adding pressure on regulators to balance innovation with stability.
Ripple CEO Brad Garlinghouse forecasts stablecoin market growth to $2 trillion, citing institutional demand.
Hong Kong is set to regulate stablecoins, with over 40 major firms inquiring about licenses under the new Stablecoin Bill effective August 1.
InvestHK's Alpha Lau discusses stablecoin firms eyeing Hong Kong amid upcoming regulations, highlighting nearly 50% of recent mainland Chinese firm entries under national support.
Shenzhen authorities warn residents against scams posing as stablecoin investments.
ECB President Christine Lagarde cautions that stablecoins might lead to the 'privatization of money', impacting monetary policy and sovereignty.
Discover how global liquidity and stablecoin supply influence Bitcoin price trends, offering new responsive metrics.
Chinese tech giants JD.com and Ant Group are pushing for permission to issue yuan-backed stablecoins, aiming to rival the dominance of dollar-based stablecoins.