Bank of England Considers Exemptions to Stablecoin Holding Caps
The U.K. central bank reportedly plans to grant exemptions to proposed limits on stablecoin holdings for entities like cryptocurrency exchanges. Embracing Change and Competition The Bank of England (BOE) reportedly plans...
Original source
Read on Bitcoin NewsRelated market context
Community bank group launches ad campaign warning of stablecoin risks
The campaign highlights potential regulatory shifts that could reshape the competitive landscape between traditional banks and dig...
Japan’s Lower House Passes Sweeping Bill to Regulate Crypto Like Stocks, Opening a Path to Lower Taxes and ETFs
Japan’s lower house passed a sweeping bill on Thursday to regulate cryptocurrencies like stocks, a structural shift for one of the...
Japan’s SBI is using XRP to solve a banking problem
SBI Shinsei Bank is reportedly offering crypto deposit rewards to customers, with vouchers worth 20% of their interest payments re...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Fidelity’s Dollar Stablecoin Taps Curve and Uniswap as Its DeFi Liquidity Layer
The Fidelity Digital Dollar reportedly deployed liquidity to both Curve Finance and Uniswap in a single Ethereum block Thursday ev...