FCA selects Monee Financial Technologies, ReStabilise, Revolut, and VVTX to test stablecoin innovation
The FCA has chosen four companies to test how their stablecoin services work with proposed regulation in a safe environment.
stablecoins
GCEX launches GB Yield stablecoin-based yield solution
GB Yield provides access to potential institutional-grade yield opportunities generated through structured lending and approved yield-bearing instruments.
Ripple provides LMAX with $150M financing alongside partnership to accelerate stablecoin adoption
Multi-year agreement integrates RLUSD across LMAX Group’s global marketplace to support its long-term cross-asset growth strategy.
Cross River joins Visa’s stablecoin settlement pilot
Cross River has joined Visa’s stablecoin settlement pilot and partners with Highnote to bring USDC settlement into enterprise payment programs.
Visa introduces Stablecoins Advisory Practice
Digital payments provider Visa Inc (NYSE:V) today announced the launch of its Stablecoins Advisory Practice.
Bank of England opens consultation on regulating systemic stablecoins
The Bank of England today published a consultation paper setting out its proposed regulatory regime for sterling-denominated systemic stablecoins.
HK Legislative Council approves Stablecoins Bill
The Government of Hong Kong welcomed the passage of the Stablecoins Bill by the Legislative Council to establish a licensing regime for fiat-referenced stablecoins.
SBI VC Trade Co secures registration as Electronic Payment Instruments Exchange Service Provider in Japan
SBI VC Trade Co., Ltd. has completed its registration as an “Electronic Payment Instruments Exchange Service Provider”.
Binance announces product offering changes because of MiCA rules coming into force
Binance will restrict the availability of Unauthorized Stablecoins for EEA users across its product offerings, starting from June 30, 2024.
Singaporean regulator outlines measures to reduce cryptocurrency trading risks
MAS proposes measures to reduce risks to consumers from cryptocurrency trading and enhance standards of stablecoin-related activities.
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