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Rules governing stablecoins are taking concrete form, and the details suggest that banks and FinTechs will face a more exacting set of responsibilities than some may have anticipated.The Federal Depo�...
The Treasury Department will provide eligible U.S. digital asset firms and industry organizations the same cybersecurity information it regularly shares with traditional U.S. financial institutions.T...
Treasury Secretary Scott Bessentcalled Thursday (April 9) for Congress to pass the Digital Asset Market Clarity Act (CLARITY Act), warning that the current lack of a clear regulatory framework is ero�...
The apps new Prediction Markets feature is powered by an integration with third-party platforms, starting with Predict.fun, Binance said in a Thursday (April 9) announcement. Users can now take posi�...
The Treasury Department has proposed a rule that would require permitted payment stablecoin issuers (PPSIs) to adhere to anti-money laundering (AML) and sanctions compliance obligations.The propos...
Few industries have fates as entwined with their regulatory guardrails as crypto. After all, few industries are as unregulated as crypto has traditionally been. At least in the U.S.But as the Securit...
Circle has launched Circle Payments Network (CPN) Managed Payments, a new stablecoin settlement solution.The new offering, announced by the stablecoin issuer in a news release Wednesday (April 8), ...
A group of Swiss banks are testing a franc-pegged stablecoin in their home country.The CHF stablecoin sandbox a reference to the currency code for the Swiss franc will examine ways to connect blockch�...
The idea of a bank-issued digital asset was once an oxymoron. Today, its one thats gaining momentum.On Friday (Feb. 6), the U.S. Commodity Futures Trading Commission (CFTC) clarified that national t...
Despite the sudden surge of enterprise interest in stablecoins, it was the tokenization of real world assets (RWA) that represented the crypto sectors first major play for the institutional financial�...
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