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U.S. House Financial Services Committee Unveils Draft Stablecoin Legislation: Key Insights
The new draft bill includes a two-year ban on stablecoins that aren't backed by reserve assets.
April 17, 2023
Hong Kong Could Ban Algorithmic Stablecoins This Year
Hong Kong said it will not allow algorithmic stablecoins and will require from issuers to get a mandatory license.
January 31, 2023
Japan to Lift Ban on Domestic Stablecoin Distribution in 2023
In its latest move to becoming more crypto-friendly, the Japanese FSA announced it would ease stablecoin restrictions in 2023.
December 26, 2022
Singapore to Tighten Regulations After String of High-Profile Crypto Bankruptcies
Singapore aims to ban retail users from debt-financed and leveraged crypto trading.
October 27, 2022
FSB Says No Stablecoin Currently Passes its Recommendations
The FSB believes no existing stablecoin currently meets its performance, resilience, security, development, maintenance, and regulatory standards.
October 11, 2022