Bitfinex Securities has argued that the tokenized stocks debate must distinguish between third-party products and issuer-backed securities because each model gives investors …
Issuer
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Regulation
Robinhood defies AMC as fight tests issuer control over stock tokens
by shayaanby shayaanRobinhood has turned down AMC Entertainment’s request to stop trading in blockchain-linked tokens related to the movie theater company’s stock. This has …
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Regulation
You Bought USDC Outside Europe. Can You Still Cash It Out Through an EU Issuer?
by shayaanby shayaanIf you hold $USDC, you probably never think about where it was minted. A token bought in Lagos works the same as …
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Slovenia has appeared for the first time in the European Union’s Markets in Crypto-Assets Regulation (MiCA) register of electronic money token (EMT) …
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Scams
Circle Lands New York Trust Charter as Stablecoin Issuer Expands Regulatory Footprint
by shayaanby shayaanIn brief Circle received a limited-purpose trust charter from the New York Department of Financial Services. The charter allows Circle to operate …
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Scams
Circle Stock Jumps as Stablecoin Issuer Wins Final Federal Banking Charter Approval
by shayaanby shayaanIn brief Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal …
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The Bank of England has softened its proposed framework for systemic sterling stablecoins, dropping individual holding limits and replacing them with a …
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Markets
Ready USDC Card Halts Non-EEA Service Following Card Issuer Transition
by shayaanby shayaanReady Card users outside the European Economic Area have been pushed into an abrupt service halt after a card issuer transition disrupted …
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Aave CEO Stani Kulechov has announced that Bitwise has been named the official asset issuer for Aave Horizon, a new institutional-focused lending …
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Markets
UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks
by shayaanby shayaanBritain applied banking-style sanctions to crypto exchanges for the first time, requiring U.K. financial firms to freeze funds and trace transactions. www.coindesk.com