Stablecoins

Future of Crypto Regulation in the UK
The landmark Markets in Crypto Assets (MiCA) law is set to take effect in 2024. So how could this impact the United Kingdom? CoinDesk UK regulatory reporter Camomile Shumba discusses the latest developments, after a UK bill giving regulators the power to supervise crypto and stablecoins was approved by King Charles last month.

Former CFTC Chair Massad: Our Hand Will Be Forced 'Sooner or Later' on Stablecoin Regulation
Tim Massad, former CFTC chairman and current director of the Digital Assets Policy Project at the Harvard Kennedy School, weighs in on the state of crypto regulation in the U.S., Massad said "our hand is going to be forced sooner or later on doing something on stablecoins" due to the actions of other jurisdictions. Plus, Massad reacts to stablecoins being a possible path forward for a united legislative effort.

Una segunda ronda del proyecto de ley Lummis-Gillibrand Cripto eleva la CFTC y define DeFi
La destacada legislación Cripto de Estados Unidos del año pasado, impulsada por un par de senadores bipartidistas, regresa para un reinicio que imagina un papel menos prominente para la SEC del que tiene en mente el presidente Gary Gensler.

Las monedas estables representan una "amenaza existencial" para la soberanía Regulación , afirma un funcionario del Banco Central de la India (informe).
"Si las grandes monedas estables se vinculan a alguna otra moneda, existe un riesgo de dolarización", dijo el vicegobernador del RBI, Rabi Sankar.

Circle's Allaire Says China Should Look at Yuan-Backed Stablecoins Instead of CBDCs
Circle CEO Jeremy Allaire said in a recent interview with the South China Morning Post that Beijing should consider allowing for Chinese yuan (CNY)-backed stablecoins if it wants to internationalize its currency. The hosts of "First Mover" share their reactions to Allaire's latest comments.

Aave DAO votará sobre la implementación de la stablecoin Gho en Ethereum
Gho ha estado disponible en la red de pruebas Goerli de la cadena de bloques Ethereum desde febrero, donde ha funcionado sin encontrar errores importantes.

China debería considerar monedas estables respaldadas por yuanes en lugar de CBDC, dice Allaire de Circle
El director ejecutivo de Circle, Jeremy Allaire, promocionó las ventajas de las monedas estables sobre las monedas digitales del banco central (CBDC), en una entrevista con South China Morning Post.

FTX Bankruptcy Claims Deadline; UK Crypto, Stablecoin Rules Passed Into Law
“CoinDesk Daily” host Jenn Sennasie dives into some of the hottest stories in crypto, including Germany’s financial watchdog reportedly denying Binance a custody license. A UK bill is giving regulators the power to supervise crypto and stablecoins becomes law. And, a closer look at how the founder of Damus is reacting to the conclusion of a two-week battle with Apple over bitcoin tips.

Developer Six Clovers Launches Cross-Border Crypto Payments on Sui
Digital payment company Six Clovers is launching a new Web3 cross-border crypto payment system called the "Versal Network," which allows companies to transact in stablecoins and CBDCs. Six Clovers co-founder and CEO Jim Nguyen joins "First Mover" to discuss the launch and why they decided to build on the Sui blockchain.

Tokenization Opportunity Could Reach $5T Over Next Five Years: Bernstein
The CoinDesk Market Index performance has been mixed this week, with more than half of the 152 assets having positive returns. This comes amid a recent research report from Bernstein estimating the size of the tokenization opportunity to be as much as $5 trillion over the next 5 years, led by stablecoins, CBDCs, private market funds, securities and real estate. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
