2024-3-14 15:01 |
The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies. origin »
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A group of House Republicans has introduced a draft bill limiting the power of the Securities and Exchange Commission (SEC) over stablecoins used for payments. The bill, still under negotiation, was made public on April 24 and came as the…
2023-4-25 12:10 | |
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The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study.
2023-4-25 00:47 | |
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Coinspeaker Crypto Regulatory: New Stablecoins Draft Bill Introduced in US House of Representatives The United States Congress is set to discuss a new bill geared towards providing requirements for payment stablecoin issuers, and research on a digital dollar.
2023-4-17 10:18 | |
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The draft bill makes sweeping recommendations that address stablecoins, CBDCs, and the future of the digital dollar. The post Stablecoin Bill is an ‘Extraordinary Moment For the Future of Dollar,’ Says Circle CEO appeared first on BeInCrypto.
2023-4-17 15:00 | |
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A new draft bill that provides a stablecoin framework in the United States will see private issuers such as Circle placed under the Federal Reserve (Fed) oversight
2023-4-16 12:38 | |
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Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million.
2023-4-17 00:00 | |
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A draft bill seen by CoinDesk also covers stablecoins, crypto derivatives and companies outside the bloc.
2022-11-30 15:29 | |
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An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new “Digital Asset” category.
2022-10-19 11:05 | |
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Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”
2022-9-24 05:43 | |
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A finalized text of the Markets in Crypto Assets (MiCA) legislation now seeks to bring Non Fungible Tokens (NFTs) and algorithmic stablecoins under its regulatory purview. According to a bill draft dated September 20, EU authorities have been urged to take a “substance over form” approach to the law, suggesting that NFTs such as BAYC’s […]
2022-9-23 21:29 | |
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It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price.
2022-9-21 04:40 | |
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Australian liberal senator Andrew Bragg released a draft bill to provide regulation of stablecoins, digital asset exchanges, and disclosure requirements for the Chinese CBDC, e-Yuan, on September 19.
2022-9-19 18:00 | |
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Senator Andrew Bragg on Monday released a draft bill aimed at regulating crypto exchanges, stablecoins and the digital yuan.
2022-9-20 09:26 | |
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A potential bipartisan bill to regulate stablecoins has been bogged down in negotiations, according to three people familiar with the talks, but lawmakers developing the legislation are considering releasing some draft language that may spur wider input.
2022-7-26 00:37 | |
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Congressman Tom Emmer (R-MN) has drafted a bill that could give the U.S. SEC limited jurisdiction over certain stablecoins. Bill Concerns Dividend-Paying Stablecoins A new draft bill from Emmer would...
2022-4-28 00:07 | |
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A draft of legislation regarding stablecoins has been proposed by US lawmaker Josh Gottheimer; however, it has faced a backlash from critics
2022-2-15 18:03 | |
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On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets.
2021-3-24 17:30 | |
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The Bank of Thailand (BOT) is set to draft regulations on stablecoins by the end of 2021. This comes following growing criticism from financial regulations regarding unlicensed stablecoins issued by private companies.
2021-3-21 18:31 | |
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Three U. S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin.
2020-12-4 12:15 | |
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Three U. S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin.
2020-12-4 12:15 | |
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The UK Treasury Department is working on a draft to regulate privately-owned stablecoins. The department disclosed this news on November 9 through an official announcement, noting that it is also researching how it could use a Central Bank Digital Currency (CBDC) as an alternative to cash.
2020-11-10 15:23 | |
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The 168-page long leaked version of the draft legislation of “Markets in Crypto Assets (MiCA)” by the European Commission provides legal certainty about digital currencies. To be issued later this month, the set of regulations will be covering the issuance and trading of digital assets across the bloc.
2020-9-17 19:10 | |
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The European Commission, the executive arm of the E. U. , has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra.
2020-9-12 09:30 | |
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Regulators in Europe have called on the European Central Bank (ECB) to explore the feasibility of launching a digital currency for the bloc. Supranational agencies and governments, alike, have labeled stablecoins – especially Libra – a potential menace to financial stability.
2019-11-6 14:00 | |
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US lawmakers are considering a new draft bill that classifies all managed stablecoins as securities ahead of tomorrow’s Zuckerberg hearing
2019-10-23 00:31 | |
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Sylvia Garcia, a Democrat lawmaker from Texas, has recently introduced to Congress a bill that may cause several issues for the crypto market. According to this new bill, cryptocurrencies pegged to fiat currencies, commonly known as stablecoins, would be considered securities.
2019-10-23 00:12 | |
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A draft bill published Tuesday would regulate stablecoins under the Securities Act of 1933.
2019-10-23 21:25 | |
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The G7 group of nations has prepared a draft report which notes that globally accessible stablecoins pose a significant threat to the existing financial system. According to BBC, G7’s draft report detailed the different risks...
2019-10-14 11:42 | |
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The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation.
2019-7-18 15:00 | |
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Sony Ventures has invested an additional $13 million in Startale Group through the Sony Innovation Fund as a follow-on. “Startale has been an important partner to Sony since the early days of Soneium. Our vision is to bring the world…
Bitcoin rebounded on Wednesday morning as the crypto market rose higher and the U.S. dollar remained under pressure ahead of a closely watched Federal Reserve decision later today.
ERC-20 stablecoin market cap on Ethereum just fell $7b in a week, signaling investors may be exiting crypto entirely instead of rotating risk. The ERC-20 stablecoin market capitalization has declined by several billion dollars over the past week, marking the…
A sharp drop in stablecoin supply is raising concerns that a crypto market recovery may lack the liquidity needed to gain significant momentum. On-chain data shared by Santiment on Jan. 26 showed that the combined market capitalization of the 12…
Circle drama: A commentator on X questioned whether the startup would act proactively or require a U.S. court order before freezing stolen assets
A little token that few people had heard of a year ago has become a big mover of money. Reports say the A7A5 stablecoin, launched as a rouble-linked coin, has processed the equivalent of $100 billion in transfers since it began moving at scale.
Binance has unveiled a $40 million WLFI airdrop campaign to reward users holding USD1 on the exchange. Binance has launched a new rewards program for users holding USD1, with $40 million in WLFI tokens earmarked for distribution. The leading exchange…