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.
stablecoins
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.
Nuvei merchant clients can now benefit from instant settlement in EUROC, USDT stablecoins
Nuvei’s merchant client base can now benefit from instant settlement globally and around the clock in EUROC and USDT stablecoins.
NY DFS outlines criteria for USD-backed stablecoins
New York State Department of Financial Services (DFS) has outlined criteria for USD-backed stablecoins issued by DFS-regulated entities.
GMO secures DFS approval to issue JPY and USD-pegged stablecoins in New York
With DFS approval, GMO is authorized to issue, administer, and redeem Japanese Yen and U.S. Dollar-pegged stablecoins in New York.
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