Summary Bank of England’s stablecoin cap sparks pushback from crypto leaders UK stablecoin limits draw criticism over enforceability and market impact Crypto industry warns “no other major jurisdiction has deemed it necessary to impose caps” UK regulators propose caps on stablecoin ownership to protect financial stability. The crypto industry criticizes the plan as costly, unnecessary,
A majority of financial institutions and corporations not currently using stablecoins plan to deploy them within the next six to twelve months, according to an EY-Parthenon survey published Sept. 15. The survey of 350 decision-makers revealed that 54% of non-stablecoin users expect to begin implementation by 2026. This represents a potential surge in adoption from
After months of reviewing, the United States may finally see its first ETF launch on Thursday, tomorrow. Bloomberg analysts confirmed that REX-Osprey XRP ETF (XRPR) and the Dogecoin ETF (DOJE) are scheduled to list on September 18, following a short delay from their initial Sept. 12 target. To make the investment easier, here are the
A fascinating development is unfolding in South Korea’s financial technology landscape. Koscom, a prominent financial IT firm, is making a significant move into the digital asset space, particularly with its sights set on a won-denominated Koscom stablecoin. This proactive step signals a strategic shift and highlights the growing importance of digital currencies in traditional finance.
Hong Kong is doubling down on digital finance in its latest policy roadmap. The Chief Executive 2025 Policy Address highlighted major steps to expand blockchain adoption. It includes tokenized deposits, tokenized asset transactions and regular issuance of tokenized bonds. The push aims to strengthen Hong Kong role as a leading global financial hub. While preparing
September is showing an uneasy mood across digital asset treasuries (DATs). What began as a year of aggressive accumulation by corporate players has now run into the harsh reality of collapsing market net asset values (mNAVs), investor caution, and punishing stock declines. DATs Holding Top Crypto Assets Are Losing Purchasing Power as September Mutes the
Key Takeaways Gold’s recent upward momentum has paused as market focus shifts to the US Federal Reserve’s monetary policy decision. Investors are cautious amid uncertainty about potential changes to interest rates. Gold’s recent rally paused today as investors turned their attention to the upcoming Federal Reserve decision. The precious metal’s advance stalled amid uncertainty over
Quantexa, a data and analytics software firm, introduced a product on Wednesday that’s intended to help smaller financial institutions fight crypto-powered crime in the U.S. The London-based company is now offering a cloud-based, anti-money laundering (AML) solution through Microsoft’s cloud computing platform, which is “designed specifically for U.S. mid-size and community banks,” according to a
While much of the attention from the crypto and traditional markets remains on the U.S., a recent analysis by a leading economist suggests it’s time to look east. Japan is teetering on the edge of a debt crisis, but a potential recession in the U.S. could provide the land of the rising sun a temporary