Tag: stablecoin
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Ripple secures NYDFS greenlight to launch RLUSD stablecoin
Ripple CEO Brad Garlinghouse said the firm has secured approval from the New York State Department of Financial Services (NYDFS) to launch...
Hong Kong races ahead with new stablecoin regulatory framework
Hong Kong has moved closer to formalizing its stablecoin regulations by publishing a bill in its gazette on Dec. 6 that establishes...
Former Diem co-founder says Meta’s stablecoin project was a ‘political kill’
Meta’s former stablecoin project, Diem, which initially launched as Libra in 2019, ended after facing significant political and regulatory obstacles in the...
Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets
The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets.According...
