UK Lawmakers Oppose Bank Of England’s Stablecoin Ownership Cap Proposal In New Letter
A cross-party group of UK lawmakers jointly expressed concerns about the Bank of England (BOE)’s proposal to limit stablecoin holdings ...
Tag: Stablecoin Legislation
South Korea’s Stablecoin Legislation Hits Roadblock As FSC Misses December 10 Deadline
South Korea’s government has reportedly missed the deadline to submit its highly anticipated stablecoin legislation, risking a delay of the ...
KakaoBank Starts Development Of ‘Kakao Coin’ Project As Stablecoin Race Intensifies – Report
KakaoBank, the digital bank under South Korea’s IT giant Kakao, has reportedly started the development phase of its Won-pegged stablecoin ...
South Korea Risks Stablecoin Legislation Delay As Financial Authorities Clash With BOK
South Korea’s long-awaited stablecoin legislation risks being delayed until next year, as financial authorities brawl with the Bank of Korea ...
Coinbase CPO Challenges Banks’ Stablecoins Concerns, Says Narrative ‘Ignores Reality’
Coinbase’s CPO has defended stablecoins and pushed back on the banking sector’s fears of a potential collapse of bank deposits ...
Bank Of Korea Calls For Bank-Issued Stablecoins To Prevent Financial Risks
The Bank of Korea (BOK) has urged lawmakers to adopt a bank-led model for stablecoin issuance ahead of the upcoming ...
UK Crypto Groups Criticize Bank Of England’s Proposal To Cap Stablecoin Ownership – Report
Crypto industry groups have reportedly urged the Bank of England (BoE) to scrap a proposal to limit stablecoin ownership in ...
Insufficient Stablecoin Supervision? Nobel Economics Laureate Warns Of Potential Financial Crisis
As stablecoin’s momentum continues to surge worldwide, 2014 Nobel Prize-winning economist Jean Tirole recently warned about the risks of a ...
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