The GENIUS Act was drafted to cover permitted payment stablecoins, with some of the wording clearly aiming to exclude synthetic coins...
Blockchain for Banking
In the banking sector blockchain is widely used for payments, trade finance, mortgages and more. There's an additional section for distributed ledger technologies (DLT) use cases in the capital markets.
Singapore consortium tackles permissionless blockchain risks for APAC banks
A consortium of industry bodies and law firm Baker McKenzie Wong & Leow has launched Project Pigeon, a working group developing...
Treasury proposes GENIUS Act rules on payment stablecoin issuance and sale
Number of banks supporting China’s digital RMB expands to 30
OCC grants World Liberty Trust a preliminary trust charter, with notable smallprint
Standard Chartered’s Anchorpoint launches beta version of HKDAP stablecoin
South Africa plans exchange controls for offshore crypto, stablecoin flows
