Tag: stablecoin
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Lawmakers call for stablecoin regulation, criticize SEC’s enforcement approach
Congresswoman Maxine Waters, the leading Democrat on the House Financial Services Committee, called for a bipartisan agreement on stablecoins by the close of...
Hong Kong eyes stablecoin licensing regime to bolster crypto stability
Hong Kong’s financial regulators said they have concluded a consultation period over a licensing program initiative for fiat-referenced stablecoin (FRS) providers.The consultation, which...
US Treasury official targets Tether USDT stablecoin in Russian sanction evasion
US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according...
UK FCA to recover $8 million in costs via fees placed on stablecoin issuers, custodians
The UK Financial Conduct Authority (FCA) announced that it intends to recover the equivalent of $8 million in costs stemming from the supervision...
