Stablecoins
Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies
Members of the global financial stability body discussed areas that "warrant further attention" in the crypto sector during a meeting in Toronto last week.
Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities
"How recently have you consulted with your lawyers about where the law currently?" asked an ASIC representative while speaking to an audience of crypto industry-goers.
Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI
The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.
U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.
UK Sets July 4 Date for Election Likely to Oust Conservative Party, Spelling Uncertainty for Crypto Hub Plans
The opposition Labour Party has been silent on crypto, but said it is interested in promoting tokenization in the country.
India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India's position was made to a government panel that could submit its report to the Finance Ministry by June, the report said.
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and plans to pay the lion's share of protocol revenues back to liquidity providers.
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.
UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation
Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline what more is coming later.
Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments.
