HKMA warns against unlicensed stablecoins ahead of 1 August 2025 ordinance
The Hong Kong Monetary Authority (HKMA) warned that stablecoins issued without a licence will be illegal from 1 August 2025. The new Stablecoin Ordinance will...
stablecoin
U.S. Treasury opens public consultation on the GENIUS Act stablecoin framework
The U.S. Department of the Treasury has opened a public consultation to implement the GENIUS Act, a law signed in July 2025 aimed at establishing...
JPMorgan warns that U.S. stablecoin competition could become a zero-sum game
JPMorgan warns that competition among U.S. stablecoin issuers could turn into a zero-sum game, where one player’s gains come at another’s expense. The issue is...
Bank of England proposes stablecoin ownership limits amid criticism over potential impact on UK’s digital standing
The Bank of England has proposed limits on stablecoin ownership that have been met with widespread criticism for being excessively restrictive. The measure directly affects...
Tether announces USAT, a U.S.-regulated stablecoin operating alongside USDT
Tether has launched USAT, a stablecoin designed to operate under U.S. regulations. The company appointed Bo Hines as CEO of the unit that will manage...
1Money secures 34 Money Transmitter Licenses in the U.S. and a Bermuda Class F license to boost stablecoin payments
1Money obtained 34 Money Transmitter Licenses (MTL) in the United States and a Class F license in Bermuda, enabling it to operate regulated payment services...
Regulation of stablecoins in China: Hong Kong issues licenses while the mainland strengthens guardrails for the e‑CNY5
Hong Kong has applied a license system for stablecoin issuers aiming to attract institutional ventures, while the mainland maintains strict rules that protect monetary control...
ZachXBT Goes After Circle: What’s Going On?
TL;DR ZachXBT accused Circle of failing to act on hacks tied to North Korea and other exploits, leaving millions in USDC unfrozen. Arthur Hayes revealed...
Monad Foundation Acquires Portal Labs to Supercharge Stablecoin Payments
TL;DR Monad acquires Portal Labs’ wallet SDK and API suite, embedding production-grade stablecoin rails into its high-speed Layer-1 for instant on-chain dollar settlements. Portal Labs...
Banca Sella Dives into Digital Assets with Stablecoin Custody Pilot
TL;DR Banca Sella has launched a Fireblocks-powered pilot allowing select employees to custody stablecoins, marking one of Europe’s first bank-led stablecoin initiatives. The summer-long trial...