stablecoin
‘Digital Pound’ consultation imminent as UK government presses ahead with plans for CBDC
The UK government is pressing ahead with plans to launch its own stablecoin in the form of a "digital pound".…
Cryptocurrency Tether appoints accountant to prove stability of its ‘stablecoin’
Tether, the world's largest "stablecoin" cryptocurrency, has appointed an accountancy firm to verify the value of the real-world reserves which…
UK finance bill includes first crypto asset and stablecoin regulation
The UK Financial Services and Markets Bill (FSMB) has been published today and includes provision for the regulation of crypto…
UK Treasury mulls stablecoin regulation but it may have little impact
The UK government has proposed new regulations and a safety mechanism for so-called stablecoins that would give the Bank of…
Crypto crash reveals stablecoins like Terra and Tether are not so stable
The value of the cryptocurrency market has crashed this week after a so-called stablecoin lost more than 70% of its…
UK to regulate ‘stablecoins’ and issue NFTs
The UK is to regulate 'stablecoins' as payment mechanisms, HM Treasury announced today, and the Royal Mint is to issue…
Diem is dead. What next for stablecoins?
Diem, the digital currency project led by Facebook's parent company Meta, has been cancelled, ending months of speculation about the…