News with the tag "stablecoin regulation"

Key Takeaways: SEC disengagement from the Ripple dispute hints at a move toward streamlined oversight with more predictable regulatory approaches. Calls for stablecoin regulation seek to establish uniform standards, easing compliance and reducing market uncertainty. These shifts may foster a clearer...

Key Takeaways: Digital stable currencies draw increasing interest amid wider user adoption. Policy makers are defining clearer oversight paths for these digital assets. The evolving market reshapes monetary flows in our interconnected system. The stablecoin market crossed the $230 billion mark this ...

Key Takeaways: The proposal may drive lawmakers to reassess existing definitions and rules for digital assets. It might shift debates toward blending market freedom with measures that safeguard users. The call opens discussions on updating oversight mechanisms amid evolving crypto trends. The politi...

The latest draft of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, introduced before a hearing Tuesday, proposes a significant shift in the approach to stablecoin oversight. The draft want to split stablecoin regulation between state and federal authorities, whil...

Federal Reserve Chair Jerome Powell affirmed the central bank’s support for developing a regulatory framework around stablecoins during a Senate hearing on February 11. At Tuesday’s Senate Banking Committee hearing, Federal Reserve Chairman Jerome Powell said the Fed is adjusting its policies in res...

Senator Bill Hagerty is set to introduce legislation aimed at creating a regulatory framework for stablecoins. This initiative, scheduled for Tuesday, reflects a growing desire among Republican lawmakers to establish crypto-friendly guidelines within the financial system. Stablecoins Under The Micro...

USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023.

Hong Kong Legislative Council has begun deliberations on the proposed Stablecoins Bill, marking a major step towards a robust regulatory framework for stablecoins in the region. On December 6, the government officially published the bill in its Gazette, and by December 18, it had advanced to the fir...

Abu Dhabi Global Market regulators have approved Tether’s USD₮ as an accepted virtual asset, opening the door to USDT financial services.

The stablecoin market has achieved a significant milestone, surpassing $200 billion in total market capitalization , according to data from CoinGecko . This marks a 13% increase over November, reflecting the growing adoption of stablecoins as a key asset in the cryptocurrency ecosystem. Analysts fro...