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Issuers
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Finance
Stablecoin issuers’ $182 billion US Treasury hoard ranks 17th among countries, beating UAE and South Korea
by shayaanby shayaanFour US-dollar stablecoin issuers hold roughly $182 billion in US Treasury bills, an amount that would slot them 17th on the Treasury …
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Hong Kong licensed exchange OSL saw its share price surge 18% to HK$14.6 on June 25, hitting a one-year high. The approval …
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Analysis
Circle’s Stock Rips by 175% on First Day of Trading Amid Flood of Interest in the Stablecoin Issuer’s IPO
by shayaanby shayaanThe shares of the stablecoin giant Circle surged on its first day as a public company. In a post on the social …
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Markets
Circle Shares Surge on NYSE Debut, Signalling Strong Appetite for Stablecoin Issuers
by shayaanby shayaanShares of Circle (CRCL) began trading on the New York Stock Exchange (NYSE) on Thursday, opening at $69 a share in early …
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Adoption
Hong Kong advances stablecoin legislation introducing new rules for issuers
by shayaanby shayaanHong Kong has passed a landmark bill to regulate fiat-backed stablecoins, signaling its continued push to position itself as a global hub …
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The European Union’s first united framework to regulate crypto assets, Markets in Crypto-Assets (MiCA) is taking shape rapidly. MiCA is now the …
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Regulation
Crypto Industry Leaders Urging Congress To Allow Stablecoin Issuers To Share Interest With Users: Report
by shayaanby shayaanCrypto executives are reportedly making a last-ditch effort to convince Congress to allow stablecoin issuers to pass on interest to holders of …
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Regulation
Stablecoin Bills Unfairly Box Out Foreign Issuers Like Tether, Says House Majority Whip
by shayaanby shayaanIn a potential sign of brewing tensions regarding key language in multiple stablecoin bills circulating in Congress, House Majority Whip Tom Emmer …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. We’ve rounded up the myriad of crypto ETF …