Hong Kong's greenlit its first stablecoin issuers: HSBC and a joint venture packing Standard Chartered, Animoca Brands, and HKT. Big banks dipping toes into crypto—skeptical eyes watching who pockets the real gains.
Everyone figured MiCA would let stablecoins bloom under careful watch. France's Bank just called for hard caps on non-euro ones, flipping the script on dollar dominance in a euro-first power play.
Everyone braced for endless regulatory limbo on stablecoins. FDIC's bold proposal flips the script, crafting a framework that could turbocharge adoption.
Imagine stablecoins — crypto's steadiest bucks — finally getting the federal leash they've craved. FDIC's fresh proposal isn't just paperwork; it's the spark for a payments revolution.
Circle couldn't move faster to stop the Drift hack without legal risk. Here's why the stablecoin issuer's caution—not negligence—is the real story.
The OCC just handed Coinbase a trust charter. Community bankers are furious. And they might have a point.
Coinbase just cleared a major regulatory hurdle by securing conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency. But here's the thing—it's not becoming a bank in any traditional sense.
The crypto market structure bill—Congress's most serious attempt at comprehensive digital asset regulation—is stalled over arcane language about how much interest stablecoins can pay. It's a mess that reveals something deeper about why crypto regulation keeps failing.