Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
The U.K. sanctions 18 entities, including @Huobi, targeting Russia’s crypto networks linked to military funding; firms must trace transactions and freeze assets under new regulations. #Breaking #Crypto $HTX
Tether partners with the Georgian government to launch GELT, a stablecoin tied to the Georgian lari, aligning with U.S. GENIUS Act standards and global laws. #Update #Crypto
Tether partners with Georgia’s government to launch GELT, a stablecoin pegged to the Georgian Lari, aiming to enhance Georgia’s crypto hub status. #Update #Crypto $USDT
@Ledger has added support for the $ADI token linked to ADI Foundation’s ADI Chain, enhancing institutional use cases in the UAE’s stablecoin ecosystem. #Update #Crypto $ADI
The European Central Bank (ECB) cautioned EU finance ministers that increasing euro stablecoin issuance may undermine bank lending and complicate monetary policy. #Update #Crypto $EUR
The FDIC proposed compliance standards for stablecoin issuers, including AML/CFT programs and sanctions controls, under the GENIUS Act. #Update #Legal
@JaneStreet allegedly used a private Telegram channel for insider information from Terraform Labs, accused of insider trading before the UST depeg during the $40 billion Terra-LUNA crash. #Update #Legal $LUNA
@OSL Group has listed USDKG, a gold-backed stablecoin from Kyrgyzstan, on its Hong Kong exchange, enhancing its compliant digital asset ecosystem. #Update #Crypto $USDKG
The European Commission has launched a review of its crypto framework, MiCA, to adapt to the evolving digital asset landscape. Feedback is open until August 31. #Update #Crypto
The Bank of England plans to finalize stablecoin regulations by late 2026, with draft rules expected next month. The joint Bank-FCA sandbox attracts 16 financial giants for tokenized markets. #Update #Finance
Telegram and USDT from Tether are linked to a global fraud ecosystem projected to cause $442 billion in losses by 2025, necessitating regulatory action against these platforms. #Update #Crypto $USDT
@Consensys has submitted a detailed response to the Federal Deposit Insurance Corporation regarding its proposed stablecoin rules under the GENIUS Act, raising concerns about interpretation and enforcement. #Update #Crypto
The European Union has launched a consultation to review the Markets in Crypto-Assets (MiCA) regulations, focusing on stablecoin interest rules, DeFi risks, and classification gaps before the July authorization deadline. #Update #Crypto
@Qivalis, a stablecoin initiative supported by 37 European banks, plans to issue a stablecoin later this year to enhance the euro’s presence in tokenized finance. #Update #Crypto $USDC
