The UK government has set a firm timeline for introducing stablecoin regulations, aiming to launch these rules by 2026. This move is part of a broader global trend […]
UK Sets 2026 Deadline for Stablecoin Regulations, Impacting Global Finance
The UK government has announced a firm deadline of 2026 to establish comprehensive regulations for stablecoins. This framework will shape the payment landscape in the country and could […]
UK Announces Stablecoin Regulations by End-2026
The UK is taking a decisive step towards regulating stablecoins by implementing comprehensive rules by the end of 2026. Consultation on these regulations will commence on November 10th, […]
Japan’s Mega Banks Partner to Create Stablecoin Platform for Businesses
Japan’s largest banks have formed a consortium to issue yen and dollar-backed stablecoins, aiming to simplify corporate payments and reduce settlement risks. The project will utilize regulated tokenized […]
BlackRock Unveils New Stablecoin Reserve Strategy Under U.S. GENIUS Act
Blackrock is reshaping its Select Treasury Based Liquidity Fund (BSTBL) to serve as a central hub for stablecoin issuers, aligning with new U.S. GENIUS Act regulations. This strategic […]
Ethena Labs Launches Stablecoin Service via Conduit Platform
Ethena Labs has partnered with Conduit, a cross-border payment service provider, to launch its stablecoin-as-a-service platform, Ethena Whitelabel. This integration enables chains built using Conduit to directly leverage […]
Ethereum Stablecoin Supply Reaches New Record High of $180 Billion
Data from Cointelegraph shows that the total supply of stablecoins issued on the Ethereum network has surged past $180 billion, marking a new all-time high. This milestone underscores […]
Japan’s Top Banks Launch Dual-Pegged Stablecoin for Faster Cross-Border Payments
Major Japanese banks are collaborating on a groundbreaking project, launching a yen and dollar-pegged stablecoin to simplify international settlements and reduce costs. This initiative from MUFG, SMBC, and […]
Japan’s Banking Giants Partner to Develop a Yen-Pegged Stablecoin
Major Japanese banks have taken a significant step towards integrating cryptocurrency technology into their financial infrastructure. Three leading institutions—Mitsubishi UFJ Financial Group (MUFG), Bank Sumitomo Mitsui Banking Corp. […]
Japan’s Major Banks Team Up to Develop Stablecoin for Global Transactions
Japanese megabanks are collaborating with blockchain technology providers to launch a new yen-backed stablecoin, aiming to revolutionize international payments. This innovative system will bypass traditional intermediaries and currency […]
Stablecoin Supply Surges Past $302 Billion, Driven by DeFi Growth and Institutional Demand
Cryptocurrency stablecoin supply has hit a record high of $302.3 billion, indicating a surge in investor confidence and market liquidity. The growth is driven largely by DeFi applications […]
Japan’s Major Banks Launch Stablecoins for Commercial Use
Leading Japanese financial institutions, including Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group, have announced plans to launch their own stablecoins. These […]
Japan’s Megabanks Partner to Launch Stablecoins: Impact on Digital Asset Regulation
Three of Japan’s leading banks – Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC), and Mizuho Financial Group – are collaborating with Mitsubishi Corporation to launch […]
Daily Market Roundup: October 17
Today’s market wrap highlights key developments impacting crypto and financial markets: **Fed Concerns on Stablecoins:** Fed Governor Barr voiced concerns about the stability of stablecoins, highlighting potential risks […]
BNY Mellon Shifts Focus to Cryptocurrency Infrastructure
BNY Mellon, a prominent global financial services provider, is shifting its strategy to focus on providing infrastructure support for stablecoin markets. In a recent update, the bank announced […]