Stablecoins
Asia Morning Briefing: Hong Kong’s FinTech Week Belonged to Stablecoins, Not CBDCs
Once the future of digital money, central bank digital currencies barely featured this year as Hong Kong’s focus shifted to stablecoins and Brazil’s Drex pause showed how even early adopters are rethinking the model.
Bank of England Confirms Plans for 'Temporary' Stablecoin Holding Limits
The U.K.'s central bank said on Monday it is proposing "temporary" limits of 20,000 pounds ($26,300) per coin for individuals and 10 million pounds for businesses.
U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T
The Federal Reserve governor argued that stablecoins' increasing demand for dollar-tied assets such as Treasuries will force monetary policy decisions.
Japan Regulator to Support Country's 3 Largest Banks in Stablecoin Issuance
Japan's financial regulator, FSA, said the venture will see MUFG, SMBC and Mizuho explore the joint issuance of a stablecoin as an electronic payment instrument.
UK Stablecoin Rules Will Be in Place 'as Quickly as the U.S.,' BOE Says: Bloomberg
BOE Deputy Governor Sarah Breeden tied the need to impose caps on stablecoin holdings to the U.K.'s mortgage market, which relies on commercial bank lending.
Canada Begins March Toward Stablecoin Regulations
In the wake of the U.S. GENIUS Act, Canadian lawmakers are moving on Canadian-dollar-backed stablecoin legislation, which is being cheered by crypto interests.
Chainlink, Apex Group Test Onchain Stablecoin Compliance With Bermuda Regulator
The system provides regulators with real-time visibility into a stablecoin's backing and circulation, automating compliance checks onchain.
Ripple's Stablecoin Hits $1B Milestone; Company President Discusses M&A Strategy to Fuel Growth
The U.S. dollar stablecoin of the blockchain firm climbs the ranks faster than most, tapping into its global payments network to accelerate adoption.
Bitnomial Adds RLUSD and XRP as Margin Collateral, Expanding Crypto Derivatives Offerings
The company will become the first U.S.-regulated clearinghouse to accept stablecoins as margin collateral.
Standard Chartered CEO Sees Hong Kong Stablecoin as Pivotal for International Trade Settlement
At FinTech Week, the Standard Chartered CEO said Hong Kong’s digital asset pilots, including HKD-backed stablecoins and tokenized deposits, could transform cross-border trade, as regulators unveiled new rules allowing shared order books for crypto exchanges.
