Stablecoins
Financial Stability Board Proposes 'Comprehensive' International Crypto Rules
Stablecoins could be forced to centralize issuance and major crypto platforms broken up under plans put forward by the Financial Stability Board (FSB) Tuesday. CoinDesk Regulation Reporter Jack Schickler breaks down the details. Plus, insights on OECD's new tax reporting framework for crypto assets.
Janet Yellen Stresses Need for Central Bank Digital Currency Work
The U.S. Treasury Secretary also reiterated the need for regulation in light of the recent turmoil in the crypto industry.
UK Lawmaker Matt Hancock Doesn’t Regret Pro-Crypto Swerve
The former cabinet minister is pushing for the government to be more pro-innovation.
Fed’s Michael Barr: Crypto ‘Unlikely' to Grow Into Money Substitutes
Federal Reserve Vice Chair for Supervision Michael Barr spoke at a DC Fintech Week event, noting that crypto is "unlikely to grow into money substitutes and become a viable means to pay for transactions" due to the high volatility. Plus, he explains why stablecoins could post potential risks to financial stability.
Bitcoin and Beyond: The Future of Cryptocurrency Investing
Experts weigh in on the future of crypto as currency ahead of CoinDesk's I.D.E.A.S. conference.
'Comprehensive' International Crypto Rules Proposed by Influential Finance Watchdog
Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up.
Lawmakers Overwhelmingly Back EU's MiCA Crypto Law in Committee Vote
The landslide support paves the way for the landmark crypto licensing regulation to take effect in 2024.
Back to Square One? Circle's USDC Market Cap Drops Below $50B for First Time Since Terra's Collapse
USDC's utility has taken a hit in the wake of Binance's decision to consolidate order books and Circle's decision to freeze addresses associated with Tornado Cash.
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report.
