Tag: stablecoins
US releases first draft of potential stablecoin bill
In what could prove to be a landmark regulatory bill if it gains enough traction, the US House of Financial Services Committee has published...
R3’s Chris Ford: ‘Regulation can be central in realising the benefits...
Through a combination of decreasing dependance on cash and a rise in digital currencies, stablecoins are becoming an increasingly viable alternative for future growth.
For...
Bank of Israel opens up local market to payment service providers...
International payment service providers can now enter Israeli regulated payment systems after the Bank of Israel released a framework that provides access.
With the framework...
Bank of Israel maintains path to national stablecoin adoption
As part of its ongoing efforts to modernise and develop the country’s economic infrastructure, the Bank of Israel has ventured into exploring stablecoins’ effects...
WEF launches Universal Digital Payments Network
International business leaders announced the new Universal Digital Payments Network (UDPN) at the World Economic Forum (WEF) in Davos.
The network’s goal is to successfully...
UK set for a year of financial transformation as CBDC consultation...
Economic Secretary to the Treasury, Andrew Griffith, gave an update on development plans to introduce a digital pound, with a consultation reportedly due to...
Mike Crosbie: The general state of stablecoins and their role among...
Mike Crosbie, Chief Business Office at poundtoken, writes for Payment Expert assessing the general state of play when it comes to stablecoins amongst UK digital...
BVNK looks to build the next generation of payments via crypto...
BVNK is set to use this month’s SBC Summit Barcelona to showcase the new and innovative methods the crypto payments firm has to offer,...
UK Treasury unveils first crypto bill to Parliament
The UK’s first proposed crypto asset bill was proposed in front of Parliament last Wednesday and will be further debated in the coming days.
The...
UK Treasury preparing for regulation of stablecoins
The UK Treasury is planning legislation that will provide a regulatory framework around stablecoins according to Bank of England Deputy Governor Jon Cunliffe, who...
