EU Banking Watchdog Recommends Liquidity Guidelines for Stablecoin Issuers

Key takeaways : In a recent quarterly report, global payments giant PayPal disclosed that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) regarding its PYUSD stablecoin. This development highlights the regulatory attention the SEC is…
Key Takeaways In a strategic move, Circle, the issuer of the USDC stablecoin, has announced the discontinuation of support for consumer Circle Mint accounts. This decision signifies a significant shift towards institutional-focused operations, bringing it closer to the practices of…
Key Takeaways A jolt in the world of digital currencies as Jay Hunter Anson, Director of the Digital Residency Office at the Palau Ministry of Finance, made an unforeseen announcement on social media. The Ripple-based Palau Stablecoin (PSC) pilot program,…