The EU’s joint stablecoin issuance with third countries has risks, but they are manageable under the MiCA framework, the European Commission said.
Knowing how to read a stablecoin attestation report isn’t just a skill; it’s your first line of defense when verifying what’s backing your stablecoins.
Hong Kong updated its digital asset strategy regarding stablecoin licensing and tokenization of real-world assets by introducing its LEAP framework for market growth.
In a Wednesday status conference, the judge overseeing the Terraform Labs co-founder’s case reportedly said he was “mindful of the GENIUS Act.”
Ethena Labs and Germany’s BaFin agreed on a 42-day USDe redemption plan, marking the end of a months-long regulatory dispute.
Eight major banks in South Korea are working on a stablecoin backed by the won, aiming to protect the currency from the growing US dollar dominance.
A newly unsealed complaint reveals DCG executives anticipated legal fallout and ignored risk warnings as Genesis spiraled toward collapse.
The case marks California DFPI’s first enforcement action under the state’s Digital Financial Assets Law.
Several exchanges have announced MiCA licenses this year, following requirements being enforced in 2024 to offer digital asset services in the EU.
Cynthia Lummis said she expects the CLARITY Act and GENIUS Act to pass through Congress and be ready for the president’s signature by the end of the year.