Bank of America, one of the world’s biggest banks with assets of $284 billion, is attempting to exert more control …
Latest in Stablecoins
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U.S. Regulation
U.S. SEC Staff Clarifies That Some Crypto Stablecoins Aren’t Securities
by Terron Goldby Terron GoldThe U.S. Securities and Exchange Commission has no business with certain stablecoins or their issuers, the regulator’s staff declared in the …
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U.S. Regulation
US Passes STABLE Act to Regulate USD-Pegged Stablecoins
by Terron Goldby Terron GoldThe United States has officially passed the STABLE Act, bringing regulatory clarity to USD-pegged stablecoins like Tether (USDT) and Circle …
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Global Adoption
Australia Plans Crypto Regulations Targeting Custody, Stablecoin Issuance
by Terron Goldby Terron GoldAustralia’s Treasury published high level plans for the regulation of the digital assets sector. It’s less concerned about the issuance of …
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Global Adoption
Japanese Bill Plans to Expand Stablecoin Assets, Other Crypto Changes
by Terron Goldby Terron GoldLast week Japan’s Financial Services Agency disclosed that a new Bill has been submitted to the National Diet to update the Payment …
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U.S. Regulation
Senate Banking Committee to Vote on Bipartisan ‘Genius’ Stablecoin Bill This Week
by Terron Goldby Terron GoldThis week, the U.S. Senate Banking Committee plans to vote on a bipartisan bill aimed at regulating stablecoins and enhancing …
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Blockchain
Department of Housing and Urban Development Exploring Use of Blockchain and Stablecoins To Track Grants
by Terron Goldby Terron GoldThe U.S. Department of Housing and Urban Development (HUD) is reportedly mulling over the use of blockchain technology and stablecoins. …
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U.S. Regulation
Trump Plans to ‘Rescind and Amend’ IRS Crypto Tax Rules, Sign Stablecoin Bill By August
by Terron Goldby Terron GoldPresident Donald Trump’s administration on Friday detailed how the U.S. plans to assert its leadership in the crypto space during …
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U.S. Regulation
Bank of America to Introduce Stablecoin Pending US Regulation
by Terron Goldby Terron GoldBank of America is prepared to debut its own stablecoin in the U.S., diving headfirst into the crypto space once …
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Lifestyle
Stablecoin Giant Tether Buys Minority Stake in Juventus Soccer Club
by Terron Goldby Terron GoldTether Investments, the investment wing of stablecoin issuer Tether, announced it purchased a minority stake in Italian Serie A soccer club, Juventus. The …