Stablecoins


Video

Shinhan Bank and Standard Bank to Test Cross-Border Stablecoins on Hedera Network

A major South Korean, Shinhan Bank, and South Africa-based Standard Bank will issue stablecoins issued by their local currencies using the Hedera Network to facilitate money transfers worldwide. Hedera Hashgraph CEO Mance Harmon shares insights into the stablecoin solution, its possible impact on international remittances, and potential regulatory headwinds ahead.

Recent Videos

Politiche

Yellen Says Stablecoins Require Proper Regulations

The Treasury Secretary also said she agreed with current Financial Crimes Enforcement Network (FinCEN) guidance that crypto firms and providers that don’t custody customer funds should not be regulated.

Capitol building (Shutterstock)

Politiche

US Policymakers Are Still Evaluating Stablecoins

Consumer protections are front and center in questions lawmakers have about stablecoins.

Sen. Sherrod Brown (Anna Moneymaker/Getty Images)

Politiche

NY Fed Launches Fintech Research Wing With BIS Help

The NYIC will be led by PwC alum Per von Zelowitz, who joined the New York Fed in July.

Fed Chair Jerome Powell (Samuel Corum/Bloomberg via Getty Images)

Video

OCC Wants Banks to Seek Permission Before Offering Crypto Services

The U.S. Office of the Comptroller of the Currency (OCC) published an interpretative letter Tuesday telling banks to be very clear they can provide crypto services before they do so. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways. Plus, Sen. Sherrod Brown (D-Ohio), chairman of the U.S. Senate Banking Committee, is seeking more information about stablecoins.

Recent Videos

Finanza

US Senate Banking Panel Head Seeks More Information About Stablecoins From Issuers, Exchanges

The move comes after a recent report highlighted stablecoins’ potential risks to consumers, investors and the financial system as a whole.

U.S. Sen. Sherrod Brown

Tecnologie

Rari Capital, Fei Protocol Look to Overcome Bagholder Bias in Ambitious DeFi Merger

Two teams are looking to form a $2.4 billion DeFi powerhouse. What’s the holdup?

(Alex Padurariu/Unsplash)

Finanza

Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative

The Bitso Shift initiative will allow Mexican businesses to make cross-border transactions more securely and easily.

mexico-exchange-fintech-law

Politiche

ECB Sounds Alarm Over Linkages Between Stablecoins and Conventional Financial Markets

The central bank said exotic market segments, such as crypto, remain subject to “speculative bouts of volatility.”

ECB building