2024-9-12 15:08 |
The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024.
Similar to Notcoin - Blum - Airdrops In 2024
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MiCA's upcoming standards are set to reshape the stablecoin market, with Euro-backed options gaining traction in Europe. The post MiCA could propel euro-backed stablecoins in the Eurozone: Kaiko report appeared first on Crypto Briefing.
2024-6-11 19:46 | |
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Crypto exchange OKX is reportedly delisting Tether (USDT) pairs in the EU and will only support USDC and euro-based pairs, according to a message sent to a customer on March 18. The move comes days after the EU released draft technical standards related to stablecoins, which are set to come into effect from June.
2024-3-19 00:24 | |
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The European Banking Authority (EBA) published the draft rules on complaints handling procedures for issuers of Assets Referenced Tokens (ART) on March 13. EBA collaborated with the European Securities and Markets Authority (ESMA) to draft the regulatory technical standards (RTS).
2024-3-14 21:57 | |
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USDT's appeal relative to other stablecoins will likely diminish as regulations will require more transparency and compliance with new anti-money laundering standards, the report said.
2024-2-19 12:06 | |
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The European Banking Authority (EBA), the banking watchdog of the European Union (EU), has launched consultations on draft capital requirements for stablecoin issuers. EBA’s Regulatory Technical Standards (RTS) were announced on Wednesday and seeks to establish a common funds requirements framework for stablecoin companies ahead of the EU’s Markets in Crypto-Assets (MiCA) regulation. According to […]
2023-11-9 19:17 | |
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Staying one step ahead of regulatory mandates, the European Banking Authority (EBA), the financial regulator of the European Union, has requested that stablecoin issuers adopt proposed guiding principles concerning risk...
2023-7-12 16:39 | |
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EBA officials anticipate a surge in stablecoin issuance in the coming months and have urged businesses to use its guiding principles before restrictions are implemented.
2023-7-12 14:55 | |
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The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.
2023-6-22 17:26 | |
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Global leaders appear to have reached a consensus on setting up universal rules and standards for most aspects of the crypto sector save for the treatment of stablecoins.
2023-6-8 11:00 | |
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Coinbase will suspend trading services to Binance starting mid-March The exchange stated that the decision comes after evaluating whether the stablecoin meets their listing standards CoinbasThe post Coinbase to suspend trading of Binance USD (BUSD) appeared first on AMBCrypto.
2023-2-28 19:36 | |
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Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S. cryptocurrency exchange said in a tweet Monday.
2023-2-28 19:35 | |
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The country joins other jurisdictions in proposing standards for stablecoin issuance.
2022-12-8 20:50 | |
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Anticipation for a crypto bill out of the House Financial Services Committee ran so high this year that stablecoin issuers have been trying to meet the bill’s expected standards before the rules are even set.
2022-12-6 16:27 | |
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The world’s third biggest economy wants the Markets in Crypto Assets Regulation to protect investors and set up strict standards for stablecoin issuers.
2022-7-1 22:36 | |
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Tether’s recent audit reveals that some of the assets backing the stablecoin could prove hard to sell in an emergency. The post Tether Assets Below Institutional Standards, Says WSJ appeared first on BeInCrypto.
2021-8-14 16:40 | |
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The financial working group of the US government has indicated that Stablecoins must meet certain regulatory standards to be accepted in the country. This comes after the controversial stablecoin bill that has been proposed by US lawmaker Talib Rashid.
2020-12-27 12:00 | |
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The Financial Stability Board (FSB) has released 10 high-level recommendations for regulation, supervision, and oversight of “global stablecoin” in its latest report on Tuesday. The international body that monitors and makes recommendations about the global financial system says global stablecoins must adhere to all applicable regulatory standards before commencing operation.
2020-10-15 19:23 | |
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Financial stability was a key factor in the Bank of England's decision to hold stablecoin payment systems to the same regulatory standards as existing payment chains.
2020-1-28 00:05 | |
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The U. S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies.
2019-11-19 03:30 | |
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The Financial Action Task Force [FATF], an inter-governmental organization that has pledged to combat money laundering and terrorism funding, has stated that Facebook and its stablecoin, Libra, would be subject to global standards on cryptocurrencies and traditional financial assets, according to reports.
2019-10-18 15:30 | |
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Steven Mnuchin has said that Facebook’s forthcoming Libra stablecoin is not ready to comply with existing money-laundering standards
2019-10-15 20:18 | |
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The highly anticipated Facebook’s crypto, Libra, must meet stringent US regulatory requirements before it can be launched, says an official from the US treasury. According to Treasury’s Under Secretary in charge of terrorism as well as financial intelligence, Sigal Mandelker, the Libra stablecoin must achieve the highest standards for fighting money laundering as well as […]
2019-9-10 21:02 | |
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Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering and terrorism financing norms, according to a United States Treasury official
2019-9-11 17:32 | |
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BaFin’s president Felix Hufeld urged regulators not to stand aside on the issue of Facebook’s stablecoin Libra
2019-6-27 19:32 | |
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CENTRE is working on technical standards that are necessary for different blockchains and ecosystems to be interoperable
2019-6-14 20:39 | |
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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
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Bitcoin [BTC], the largest cryptocurrency by market cap, fell considerably after news pertaining to Bitfinex, a leading cryptocurrency exchange and Tether [USDT], the largest stablecoin by market cap, broke out.
2019-4-26 17:00 | |
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Coinspeaker Startup Arca Applies for SEC Approval to Issue Tokenized Securities on Ethereum BlockchainArca plans to tokenize the shares of a bond fund which will be a stablecoin compatible with the ERC20 standards and recorded on the Ethereum blockchain network.
2019-4-17 13:40 | |
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Tether may still be the stablecoin standard, but it has rivals in the race for transparency. TrustToken is celebrating the one-year anniversary of TrueUSD with a set of new standards for the third-largest stablecoin—including the ability to verify dollar reserves in real time.
2019-3-5 20:00 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.
2018-11-22 22:05 | |
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Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc.
2018-10-24 00:55 | |
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They may have been fierce competitors in the past, but Coinbase and Circle have now come together to boost Circle’s USDC stablecoin. Known as the CENTRE Consortium, the joint venture between the two industry giants aims to take the lead in the stablecoin market by ‘establishing the standards required and building the technology needed for […] The post Coinbase And Circle Form A Joint Venture To Boost Circle’s Stablecoin appeared first on NullTX.
2018-10-24 23:53 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-10 21:30 | |
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Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform.
2018-9-27 20:50 | |
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The Gemini Dollar and Paxos Standard stablecoin will be pegged to the U.S. Dollar in 1:1 ration. The tokens are built on Ethereum network using the ERC 20 standards. The post ‘Stablecoins Coming’: NYDFS Approves USD-Pegged Cryptocurrency Tokens by Gemini and Paxos appeared first on CoinSpeaker.
2018-9-11 09:07 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
Stripe has reportedly added support for Bitcoin and crypto purchases for its EU clients. Users can now buy crypto using Stripe-issued credit or debit cards. Stripe’s customers in the European Union can now purchase Bitcoin and other cryptocurrencies with credit or debit cards, according to a report by the Irish Independent.
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.
Crypto Asset Service Providers (CASP) in Europe would have to implement stringent Know Your Customer (KYC) procedures to combat money laundering following the European Parliament greenlight of new Anti-Money Laundering Regulations (AMLR), according to an April 24 statement.
Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said.
The crypto trading platform for EU will start in "coming weeks."