Tag: Stablecoin
Hong Kong Proposes new Regulatory Regime for Stablecoin Issuers Alongside Sandbox Environment
As innovation continues in the virtual asset space, regulatory authorities in Hong Kong have proposed new regulatory…
Basel Committee suggests introducing maturity limits for stablecoin reserve assets
The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) proposed several measures on…
German asset manager DWS joins Galaxy to issue euro stablecoin
Deutsche Bank’s asset management arm, DWS, is forming a new venture with Michael Novogratz’s Galaxy Digital and…
S&P Global launches stablecoin ratings, ranks GUSD, USDP, USDC highest
S&P Global has launched a stablecoin stability assessment. In its initial ratings of the eight stablecoins, none…
Palau’s Ripple-supported stablecoin pilot achieves positive results
The first phase of the Palau Stablecoin (PSC) Program has been declared a success by the country’s…
Russia debuts cross-border payments in Tether stablecoin
One of the first cross-border payment platforms in Russia has officially announced its launch and says it…
Binance suspends euro stablecoin after 200% price surge
Crypto exchange Binance is reimbursing users and delisting the Anchored Coins Euro stablecoin (AEUR) after the token…
France’s third-largest bank, Société Générale, launches euro pegged stablecoin
Société Générale, France’s third-largest bank, has debuted its native euro-pegged stablecoin, making it one of the first…
PayPal’s stablecoin ripple effect on markets
PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry…
Binance will end support for BUSD stablecoin in December
Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on…