US lagging behind in global stablecoin adoption — Chainalysis
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.
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Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.
Ireland’s finance minister wants to act quickly before the EU enacts strict Anti-Money Laundering legislation.
While MiCA is seen as a net positive for stablecoin regulation, it introduces consolidation concerns, especially among small crypto firms.
Georgia’s political opposition wants to use blockchain technology to develop civil society and the country’s business landscape.
The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.
European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets.
An exec said Worldcoin is seeing a “larger dynamic” in non-European countries, including those in the Asia-Pacific region and Latin American jurisdictions.
Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance.
Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand.
Consumers fall prey to many deceptive practices when buying and using in-game currencies in video games, claims BEUC.
