Stablecoins
SEC Recognizes Certain USD Stablecoins as Cash Equivalents in Updated Accounting Guidance
In an effort to shift policies and bring regulatory clarity in the country, the U.S. Securities...
Hong Kong Launches Six-Month Transition Period for New Stablecoin Regulations
Starting on Friday, the Hong Kong Monetary Authority (HKMA) will implement its long-awaited law...
Nigeria Embraces Regulated Stablecoins in Major Policy Shift
In a move that is being applauded all over the world, Nigeria has decided to regulate stablecoi...
Hong Kong Criminalizes Promotion of Unlicensed Stablecoins
Hong Kong has criminalized the promotion of unlicensed stablecoins starting from August 1. This...
Tether Aims for US Market Re-Entry Amid Regulatory Shift and Stablecoin Boom
Stablecoin issuer Tether has announced plans to re-enter the US crypto market amid the stableco...
Western Union Explores Stablecoins to Revolutionize Cross-Border Payments
Western Union is preparing for a major digital overhaul to become part of the digital revolutio...
American Banking Giants Accelerate Stablecoin Plans Amid Regulatory Breakthrough
Leading American banks such as Citigroup, The Bank of America, and JPMorgan Chase are moving fo...
GENIUS Act for Stablecoins Passes House Vote to Become First Major US Crypto Law
The U.S House of Representatives have successfully passed the GENIUS Act. It is now the first m...
Bank of England Governor Says Stablecoins Pose Threat to Financial Stability
Andrew Bailey, the Governor of the Bank of England, has issued a sharp warning against the pote...