Author: Louis Adams
I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.
Japan’s Stock Market Watchdog Is Worried About Companies Hoarding Crypto
Reading time: < 1 minuteThe Japan Exchange Group (JPX) is considering new rules to keep a closer eye on listed firms that pile into cryptocurrency, a risky and volatile asset class.
JPMorgan Unleashes 24/7 Instant Payments with JPM Coin, Bypassing Traditional Banking
Reading time: < 1 minuteJPMorgan Chase is revolutionizing institutional finance with the official launch of its blockchain-based JPM Coin.
Visa Tests Stablecoin Payment Service for US Businesses
Reading time: < 1 minuteVisa has begun piloting a service for US businesses to send stablecoin payouts from their fiat currency accounts.
The SVB Echo: BoE’s Stablecoin Framework Built on Fears of a Digital Bank Run
Reading time: < 1 minuteCiting the 2023 depegging of USDC following the collapse of Silicon Valley Bank, the Bank of England has designed its core stablecoin regulation to prevent a modern-day digital run on the bank.
New Crypto Bill Aims for Clarity, Proposing CFTC as Primary Regulator
Reading time: < 1 minuteSeeking to end years of regulatory uncertainty, a new Senate bill proposes making the Commodity Futures Trading Commission (CFTC) the main regulator for the US crypto market, according to Bloomberg.
Regulator Sounds Alarm on Tokenization Spillover and Counterparty Risks
Reading time: < 1 minuteTokenization is creating new dangers for the financial system, the global securities regulator IOSCO warned on Tuesday.
Coinbase Jumps 4% on News of Pre-Listing Token Platform for Retail Traders
Reading time: < 1 minuteDriven by growing institutional and retail demand, Coinbase is launching a platform for early access to digital tokens.
BoE’s Blueprint: Stablecoin Issuers Must Park 40% of Reserves at Central Bank
Reading time: < 1 minuteThe Bank of England is demanding a direct stake in the stablecoin market, proposing that issuers of systemic digital currencies hold nearly half of their reserves as deposits at the BoE itself.
Japan’s Crypto Crackdown: Regulators Target Unlicensed Custodians After Major Hacks
Reading time: < 1 minuteThe Financial Services Agency (FSA) is preparing new rules that would, in effect, outlaw the use of unregistered third-party custody providers.
Green Light for Crypto Staking: IRS Unlocks ETPs
Reading time: < 1 minuteThe IRS has given the official go-ahead for crypto exchange-traded products (ETPs) to stake assets. New guidance creates a safe harbor, resolving key tax uncertainties and allowing traditional funds to generate and share staking rewards with everyday investors.
