Stablecoins
Canada Announces Crypto, Stablecoin Consultation in New Budget Statement
Federal government plans to examine crypto, which it said is "transforming financial systems" around the world.
UK Powers to Regulate Crypto Ads Approved by Lawmaker Committee
All kinds of unregistered crypto providers could also be outlawed by the rules – not just stablecoin issuers.
Singapore Regulator Grants Licenses to Stablecoin Issuers Circle and Paxos
The Monetary Authority of Singapore (MAS) has granted stablecoin issuer Circle an in-principle license that allows it to operate as a payments company in the country. Circle received its approval the same day fellow stablecoin issuer Paxos received its own license. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the significance for the regulatory framework in Singapore.
Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products
Circle received its approval shortly after fellow stablecoin issuer Paxos received its own license.
Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
Paxos is the latest company to secure a license in Singapore, allowing it to offer blockchain or crypto services to local businesses.
Kollider Raises $2.4M to Build ‘Lightning-Native’ Financial Products
The bitcoin derivatives exchange already has bitcoin-backed synthetic stablecoins and a Lightning-enabled bitcoin wallet in the pipeline.
Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.
Stablecoins: A New Key to Success in the Current Crypto Market
Speculation leads to innovation, but in a volatile bear market traders need stability.
UK Lawmakers Vote to Recognize Crypto as Regulated Financial Activity
The lower house of the Parliament voted in favor of adding crypto to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins.
