Stablecoins News
Sen. Warren Slams ‘Light-Touch’ Crypto Law, Urges Treasury to Rein In Stablecoin Risks
Senator Elizabeth Warren has criticised the GENIUS Act as a ‘light-touch’ framework that leaves major gaps in oversight for stablecoins ...
Wise Eyes Stablecoins: Fintech Giant Seeks Digital-Asset Lead in London
Wise is recruiting a digital-asset product lead specialising in stablecoins, a move that may mark the company’s entry into the cryptocurre...
Sony Stablecoin? Electronics Giant Seeks U.S. Banking Licence to Offer Crypto Services
Sony Bank, the banking division of Japanese consumer electronics giant Sony, has filed an application with the US Office of the Comptroller ...
Beijing Halts Chinese Tech Giants’ Stablecoin Ambitions in Hong Kong
Chinese tech and financial companies Ant Group and JD.com are now obligated to halt the issuance of stablecoins in Hong Kong following instr...
Is There Space for Privacy Coins?
Governments are not merely regulating digital assets. A more precise understanding is that they are redefining what forms of money are polit...
Global Stablecoin Momentum Builds as Brazil’s Crown Launches BRLV and Circle’s USDC Poised for Dominance
Stablecoins continue to make headlines amid a crypto market clouded by uncertainty after recent crashes have shaken investor confidence. Fir...
BoE’s Andrew Bailey Pledges Stronger Global Oversight as Stablecoin and Private Finance Risks Grow
Andrew Bailey, chair of the Financial Stability Board (FSB) and Bank of England Governor, set a clear path to harden and accelerate the glob...
EU Urged to Back Euro Stablecoins to Challenge Dollar Dominance
Pierre Gramegna, managing director of the European Stability Mechanism (ESM), has urged the European Union to strengthen support for euro-de...
Abracadabra Exploit Drains $1.8M in MIM Stablecoin, DAO Says Issue Contained
A security flaw on the Abracadabra DeFi lending platform allowed a hacker to steal around US$1.8 million (AU$2.7m) worth of the protocol’s...
Standard Chartered Sees $1 Trillion Shift to Stablecoins by 2028, Led by Emerging Markets
A new report from Standard Chartered warns that the massive surge of stablecoins could drain well over US$1 trillion (AU$1.53 trillion) from...
Trump-Backed World Liberty Financial Eyes Tokenised Commodities, Expands USD1 Stablecoin
World Liberty Financial, the Trump-backed crypto venture, is preparing to expand beyond stablecoins into tokenised commodities and other ass...
EU Watchdog Recommends Ban on Multi-Issuance Stablecoins Amid Regulatory Push
The European Systemic Risk Board (ESRB) has issued a recommendation calling for a ban on multi-issuance stablecoins, arguing that such token...