FSB urgest Turkey to tighten crypto oversight, set stablecoin rules
Related
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.
Can crypto trust firms compete with banks in US derivatives settlements?
Crypto custodians are moving into a market handling billions in daily settlements, but regulatory relief and a shift in congressional control leave questions over their long-term role.
Injective, BDACS plan Korean won stablecoin settlement for tokenized assets
Injective and BDACS plan to bring won-backed stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency stablecoins.
Goldman, Citi and Global Banks Commit $270 Million to Challenge Crypto’s Stablecoin Giants
The funding, backing a U.S.-incorporated issuer codenamed “Project Faro,” covers five years of operations as traditional lenders move to challenge crypto-native giants Tether and Circle.
Asian crypto exchanges bunker down as hacks surge: Asia Express
Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional governments embrace tokenization and stablecoins.
Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.