India’s Parliamentary Standing Committee on Finance is set to hold a crucial meeting on July 2 to discuss the future of Crypto …
Rules
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Stani Kulechov, founder of the decentralized lending protocol Aave (AAVE), has raised concerns that the United Kingdom’s current stablecoin regulatory framework may …
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Regulation
Bank of England eases stablecoin rules, introduces 40-billion-pound issuance cap
by shayaanby shayaanThe Bank of England (BoE) published a policy statement and draft rules for systemic stablecoins on Monday, outlining how regulated pound-backed stablecoins …
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Adoption
Bank Of England Eases Stablecoin Rules, Scraps Individual Holding Caps And Proposes £40B Limit
by shayaanby shayaanThe Bank of England has backed away from one of its most contentious stablecoin proposals, abandoning a plan to limit how many …
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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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Regulation
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule
by shayaanby shayaanThese standards, according to the rule proposal, “must include reasonable procedures for: (1) verifying the identity of any person seeking to open …
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Markets
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
by shayaanby shayaanThe Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it’s now open for …
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Coinbase CEO Brian Armstrong is aiming at one of the most entrenched frameworks in American finance, and he’s not holding back. His …
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Scams
Michigan Federal Judge Rules Sports Prediction Markets Are Not Under CFTC Purview
by shayaanby shayaanIn brief A Michigan federal judge ruled sports prediction markets are not CFTC-regulated swaps, siding with state regulators over Polymarket. The court …
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Regulation
Dubai’s VARA tightens crypto AML rules, forcing firms to track FATF blacklists in real time
by shayaanby shayaanDubai’s Virtual Assets Regulatory Authority has issued new anti-money laundering guidance that pushes licensed crypto firms toward more data-driven and frequently updated …