labels: Stablecoin
Stablecoin giant Circle gets green light to establish a trust bank, sending its stock up 5%.
Circle, a giant stablecoin provider, has received approval from the US OCC to establish a trust bank, boosting its stock by 5%. This unlocks its ability to directly manage USDC reserve assets.Thai stablecoins to be launched by the end of this year: Bank of Thailand Governor emphasizes that criteria must be strictly adhered to before hearings, aiming to reduce money transfer costs.
The Governor of the Bank of Thailand revealed progress on the Thai Baht Stablecoin, paving the way for licenses and aiming to improve the efficiency of money transfers and payments without injecting new money into the system.The BIS indicates that stablecoins still fail to meet the criteria of a currency, recommending that the modern financial system combine innovation with trust.
The BIS (Bank of Asia and Digital Economy) reveals that stablecoins still fail to meet the criteria for reliable currency, pointing out that the trend of the modern financial system must be driven by innovation coupled with maintaining confidence in the value of money.Moody's is preparing to rate stablecoins in response to investor demand, pushing the cryptocurrency market into the mainstream.
Moody's is preparing to rate stablecoins in an effort to bridge the investor confidence gap amid the rapid growth of digital asset markets in Asia, although it warns of continued credit and regulatory risks.Donald Trump slammed US banks over stalled cryptocurrency legislation.
Donald Trump urged banks to make a deal with the cryptocurrency industry, stating that undermining the GENIUS Act was "unacceptable."Hong Kong is poised to issue licenses for stablecoins by March 69. Analysts suggest this is a backup plan despite China's ban.
Hong Kong is preparing to issue its first batch of stablecoin licenses in March 69, despite China's continued strict stance on cryptocurrencies. Experts view this as a limited policy experiment.US cryptocurrency laws pave the way for "stablecoin rewards" to boost platforms' customer attraction.
The U.S. Senate has proposed amendments to the cryptocurrency market structure law, allowing digital asset companies to still reward stablecoin holders in certain cases.South African Reserve Bank identifies stablecoins as new risk to financial system
The Reserve Bank of South Africa (RBZ) has identified stablecoins as a new risk to the financial system, as trading volumes surge to 80,000 billion rand, as currency regulation continues to catch up.ASEAN FinTech accelerates to embrace the Tokenization-AI wave; Singapore showcases practical stablecoins
Singapore FinTech Festival reflects a major shift in Southeast Asian finance, from practical stablecoins to the AI era, spanning from loans to insurance claims.Singapore to issue tokenized government bills in 2569, tightening control over stablecoins
The Monetary Authority of Singapore is accelerating the development of its digital financial system, preparing to test MAS Bills in token form and moving forward with stablecoin regulation.
































