Singapore Aims for 24/7 Financial Markets with New Digital Currency Trial
Reading time: < 1 minuteThe Monetary Authority of Singapore is trialing a new system for issuing government debt that promises to create faster, more efficient, and always-open financial markets.
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.
SEC Chair: We Will Define What a Crypto Security Is
Reading time: < 1 minuteThe SEC is moving to definitively answer one of the crypto world’s biggest questions: what is a security?
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.
