A new report has revealed that three -quarters of global central banks are planning to issue a Central Bank digital currency (CBDC), but an increasing number drives back their launches when challenges emerge. Report Official Monetary and Financial Institutions Forum…
US representative Maxine Waters (D-CA) has Published draft legislation to create a regulatory framework for Stablecoins. The bill is the product of three years of two-year negotiations during the latest congress between water, ranking member and leading Democrat in House…
Australian banks have required an update of the payment laws to incorporate Digital payment Services, whose market share has been skyrocketed in recent years. The Australian Banking Association (ABA) urged the country’s parliament to approve proposed amendments to the Payment…
Finally, the long delayed US regulatory clarity on Stablecoins comes. The debate about the specifications is raging, but as of last week we have two drafts of bills that give us some clues about what the rules will look like.…
The United States legislators from the House of Representatives have introduced A bill to prepare a framework for issue and operation of dollar-denominated “payment stablecoins”, including a mandate that issues must be granted permission to legally issue Stablecoins in the…
Another two US regulatory authorities have been given a new layer of magic colored color, with changes at The office for the foreign exchange office (OCC) and Consumer Agency for Economic Protection (CFPB) to get both agencies in line with…
Federal Deposit Insurance Corporation (FDIC), the unit that insures deposits in banks and savings institutes, recently announced It would be to revise their guidelines so that banks can participate in digital asset -related activities. “Looking forward, we actively evaluate our…
NigeriaThe first local Stablecoin, CNGN, was officially launched on local exchanges just one month after the country’s central bank gave it green light. CNGN, which is touts itself as the first regulated Stablecoin In Africa, there are purchases at the…
When the conversation around digital assets becomes popular in Southeast AsiaThailand murmur over the possibilities of one Stablecoin Supported by government bonds to explore new cases of payment use. According to a ReportThe plan aroused interest in top -ranking Thai…
The second congressional negotiation on so many days investigating the alleged “deban” by us crypto operators brought us predictable call points and a wonderfully epic rant against those who insist “this time is different.” On February 6, the American House…
