Bank of England set for new innovation mandate covering stablecoins
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Circle Pushes Back on MiCA's Bank-Deposit Mandate for Stablecoins
The USDC issuer told the European Commission that MiCA's reserve mandates and concentration caps keep the largest global stablecoins outside Europe's perimeter—siding with the ECB in calling for more flexible rules.
Stablecoins can drain from banks and nations at lightning speed
Highly liquid and settling 24/7, stablecoins can leave banks and countries at lightning speed. But whether stablecoins are a risk — or an opportunity — depends on your perspective.
Mirae Asset lays out crypto, stablecoin, tokenization plans
The South Korean financial group plans to build a $109 billion digital asset business spanning crypto, stablecoins and tokenized assets, according to The Korea Times.
Bank of England Handed New Legal Duty to Foster Stablecoin Innovation
Financial stability stays the Bank's primary objective, with the new duty written into a bill due before the Lords in September.
Bank of England opens consultation on tokenized collateral for clearing
Central counterparties would need to show tokenized collateral meets liquidity and risk tests under proposed Bank of England guidance.
Tether Signs Deal With Kazakhstan's Central Bank to Explore a Stablecoin and Tokenized Assets
Tether, issuer of the USDT stablecoin, will help Kazakhstan's central bank study a tenge-pegged token and put real-world assets on a blockchain.