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stablecoins

CDCROP: Coinbase ad on London Underground (Tube). August 2021. (Sheldon Reback/CoinDesk)
UK Powers to Regulate Crypto Ads Approved by Lawmaker Committee
All kinds of unregistered crypto providers could also be outlawed by the rules – not just stablecoin issuers.
CDCROP: Coinbase ad on London Underground (Tube). August 2021. (Sheldon Reback/CoinDesk)

Markets Daily Podcast Cover
Crypto Update | Save Billions by Using the Blockchain to Distribute Federal Disaster Relief Money
With bitcoin and ether down ahead of the Fed’s expected interest rate hike, plus a look at how government blockchains can help save taxpayers money, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

CDCROP: Circle Chief Strategy Officer Dante Disparte (left) and Chief Executive Officer Jeremy Allaire (Nikhilesh De/CoinDesk)
Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products
Circle received its approval shortly after fellow stablecoin issuer Paxos received its own license.
CDCROP: Circle Chief Strategy Officer Dante Disparte (left) and Chief Executive Officer Jeremy Allaire (Nikhilesh De/CoinDesk)

Chad Cascarilla
Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
Paxos is the latest company to secure a license in Singapore, allowing it to offer blockchain or crypto services to local businesses.
Chad Cascarilla

CDCROP: Lighthouse ocean lightning strikes (Historic England Archive/Heritage Images via Getty Images)
Kollider Raises $2.4M to Build ‘Lightning-Native’ Financial Products
The bitcoin derivatives exchange already has bitcoin-backed synthetic stablecoins and a Lightning-enabled bitcoin wallet in the pipeline.
CDCROP: Lighthouse ocean lightning strikes (Historic England Archive/Heritage Images via Getty Images)

CDCROP: Monetary Authority of Singapore MAS Building (Shutterstock)
Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.
CDCROP: Monetary Authority of Singapore MAS Building (Shutterstock)

(Emile Guillemot/Unsplash)
Stablecoins: A New Key to Success in the Current Crypto Market
Speculation leads to innovation, but in a volatile bear market traders need stability.
(Emile Guillemot/Unsplash)

CDCROP: UK United Kingdom British England Flag (Unsplash)
UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments
The lower house of the Parliament voted in favor of adding crypto to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins.
CDCROP: UK United Kingdom British England Flag (Unsplash)

CDCROP: EU-flag with dramatic sky (Getty Images)
EU Stablecoin Caps Could Lighten or Get Tougher, French Official Warns
Limits on stablecoins denominated in currencies other than euros were among the most controversial elements of the European Union’s Markets in Crypto Assets law.
CDCROP: EU-flag with dramatic sky (Getty Images)

CDCROP: South Korean flags (Daniel Bernard/Unsplash)
South Korean Regulator Plans to Look at Stablecoins' Role in Money Laundering: Report
The country's Financial Services Commission considers stablecoins to be highly susceptible to money laundering, according to a new report.
CDCROP: South Korean flags (Daniel Bernard/Unsplash)