Peter Thiel-backed payments startup Augustus received conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a …
Stablecoin
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Markets
Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group
by shayaanby shayaanAnchorage Digital co-founder and CEO Nathan McCauley said there will be ‘increased neutrality’ from his firm on stablecoins. www.coindesk.com
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Markets
Banking groups escalate fight over stablecoin yield ahead of Senate vote
by shayaanby shayaanThe American Bankers Association amplified warnings the Senate’s Clarity Act could push deposit flight into stablecoins unless lawmakers tighten yield limits. www.coindesk.com
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Regulation
Bank of Canada to bring stablecoin rules in 2027 with US Clarity Act on the brink of stalling
by shayaanby shayaanBank of Canada stablecoin regulations could arrive in mid or late 2027, pushing the detailed rulebook later into the same year that …
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Finance
BlackRock doubles down on tokenization with new stablecoin reserve funds
by shayaanby shayaanBlackRock plans to launch two tokenized money market funds for stablecoin issuers as CEO Larry Fink doubles down on tokenization. The first …
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Regulation
Banking trade groups criticize Clarity Act for stablecoin loopholes
by shayaanby shayaanThe American Bankers Association, the Bank Policy Institute, and allied trade groups are sounding the alarm over a provision buried in the …
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Regulation
Bank of England is showing signs that it may ease parts of its proposed stablecoin framework
by shayaanby shayaanThe Bank of England is showing signs that it may ease parts of its proposed stablecoin framework after strong criticism from crypto …
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Regulation
Meta receives a letter from Senator Elizabeth Warren over its stablecoin plan
by shayaanby shayaanMeta (NASDAQ: META) is under fire again with Senator Elizabeth Warren as the company plans to roll out stablecoin features to its …
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World Liberty Financial ($WLFI), the decentralized finance project backed by the Trump family, has announced the issuance of its $USD1 stablecoin on …
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Scams
Elizabeth Warren Wants Meta to Spill All on Stablecoin Plans Ahead of Clarity Act Votes
by shayaanby shayaanIn brief Elizabeth Warren pushed Meta to fully reveal its stablecoin plans before the Senate votes on the Clarity Act. Warren warned …