Federal Reserve Unveils Stablecoin Rules on Reserves and Capital
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Circle urges EU to revise stablecoin reserve rules in MiCA review
Circle wants the EU to replace mandatory bank-deposit minimums with more flexible liquidity rules and preserve cross-border stablecoin issuance.
Canada’s Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield
Ottawa opened a 60-day consultation on draft rules requiring one-to-one reserves and fast redemption from stablecoin issuers, while keeping the ban on paying holders interest.
Fed proposes new capital, redemption rules for stablecoin issuers
The Fed’s proposal would set capital requirements, a two-day redemption window and new reserve disclosures as regulators implement the GENIUS Act.
Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.
Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.
The $2.85B Binance hackers lost shows why the UK needs stablecoin freeze rules
The Binance hack proved stablecoin freezes work. Now the UK should make clear freeze rules a condition of listing coins.