Bank of England’s Breeden warns watered-down stablecoin rules risk stability
In recent developments, bank of England deputy governor Sarah Breeden has backed the central bank’s proposed rules for stablecoins, some of which the local crypto industry had criticized. Looking closer,…
JPMorgan, DBS eye deposit tokens as cross-bank alternative to stablecoins
In recent developments, as of 2024, at least one-third of commercial banks were exploring or piloting tokenized deposits, according to a survey by the Bank for International Settlements. Looking closer,…
Bank of England launches stablecoin consultation, plans final rules in 2026
In recent developments, the Bank of England invites feedback on its proposed stablecoin framework, with the aim of finalizing the rules in the second half of 2026. Looking closer, market…
Ghana Central Bank Policy Document Calls for Risk‑Based Regulation of Virtu…
In recent developments, ghana’s central bank is moving to regulate virtual assets, adopting a policy designed to foster responsible crypto innovation while guaranteeing a level playing field for all financial…
Central Bank of Brazil Clarifies Drex CBDC Project’s Future: Digital Real S…
In recent developments, the Central Bank of Brazil said the recent pause in using blockchain for drex, its central bank digital currency project, is temporary. The bank intends to continue…
Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Plat…
In recent developments, the Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the…
Bank of England pledges to keep pace with US on stablecoin regulations
In recent developments, the UK’s top bank says it will roll out stablecoin rules “just as quickly as the US” amid concerns that it’s lagging behind global allies. Looking closer,…
Digital Ruble Push: Bank of Russia Reinforces That Crypto Can’t Be Used for…
In recent developments, while Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the…
CZ denies he’s behind a proposal for a crypto private bank in Kyrgyzstan
In recent developments, kyrgyzstan President Sadyr Japarov claims that Changpeng “CZ” Zhao proposed establishing a private bank that also deals in cryptocurrency. Looking closer, market participants highlight key drivers such…
Columbia Business professor casts doubt on tokenized bank deposits
In recent developments, tokenized bank deposits lack the flexibility and technical features of stablecoins, making them an inferior product, according to Omid Malekan. Looking closer, market participants highlight key drivers…
