Stablecoins


Policy

‘Crypto and DeFi Won’t Disappear’: Hong Kong Monetary Chief

Hong Kong Monetary Authority CEO Eddie Yue tells a G20 meeting that crypto and decentralized finance will remain significant forces.

Hong Kong skyline (Ruslan Bardash/Unsplash)

Policy

Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says

The key legislation that could open a path for stablecoin rules isn’t expected to stick to regulators’ recommendation to insist only banks put out tokens.

Rep. Jim Himes (D-Conn.) is a senior member of the House Finance Services Committee, which is working on stablecoin legislation. (Al Drago/Getty Images)

Policy

Former Crypto Adviser Michael Barr Confirmed as Top US Financial Watchdog

The Senate approved the appointment of Barr, an ex-Ripple adviser who served in Obama’s Treasury Dept., as the Fed’s new vice chair for supervision.

Michael Barr (Tasos Katopodis/Getty Images)

Policy

International Standard Setters Publish Guidance on Stablecoin Regulations

The two groups recommend that stablecoins be treated the same as other assets that perform a transfer function.

International standards setters have set global guidelines for stablecoin regulations. (Janine Bolon/Pixabay)

Videos

Bitcoin Below $20,000; Voyager Refund Questions

Bitcoin price sinks below $20K ahead of U.S. CPI data. Voyager users to get back USD deposits; crypto refund plan uncertain. Celsius repays over $113 million in debt, recovers $122 million in collateral. Financial Stability Board highlights stablecoins in work on crypto regulation. Bank for International Settlements says cross-border payments key to CBDC development. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Policy

Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says

The Bank of England’s deputy governor said regulators should accelerate crypto rulemaking. If certain risks involving crypto can’t be managed, related activities must be stopped.

The Bank of England (Robert Bye/Unsplash)

Policy

Global Financial Watchdog FSB to Propose Crypto Regulations in October

The Financial Stability Board will recommend ways to oversee stablecoins and other digital assets to the G-20.

The FSB, whose chairman is Klaas Knot, will make recommendations to the G-20 on how to  regulate stablecoins and other crypto assets. (Horacio Villalobos /Getty Images)

Markets

Euro’s Fall Toward $1 Parity: What It Means for Crypto

The 1-to-1 exchange rate may add bearish pressures around bitcoin and inject volatility into euro-pegged stablecoins.

(Shutterstock)

Opinion

New York Regulators Have Planted a Seed for Stablecoin Transparency

New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist.

(Ozgu Ozden/Unsplash)

Policy

UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe

There’s been at least a bit of delay in the framework thanks to recent resignations from Prime Minister Boris Johnson's government.

(Peter Dazeley/Getty images)