Jeremy Allaire believes stablecoins could help the Chinese government internationalize the yuan. HKMA will roll out stablecoin regulations by 2024.
Jeremy Allaire Adapts to China Ban, Paves Way for Yuan-Backed Stablecoins
According to Circle CEO Jeremy Allaire in a recent interview with the South China Morning Post, Beijing should consider allowing…
The Bank of Italy has called for a regulatory framework for stablecoins to prevent stablecoin runs and protect consumers.
Japan’s Biggest Bank, MUFG, is in talks to issue global stablecoins. The nation’s legislation on stablecoins took effect on June…
In the House Financial Services Committee's draft stablecoin rules, Fed Chair Jerome Powell advocated for the need for rigorous central-bank…
The Monetary Authority of Singapore (MAS) has released a whitepaper proposing a common protocol for the use of cryptocurrencies, such…
The HKMA of Hong Kong is drafting a regulatory framework for a stablecoin and plans to conduct a second round…
The Hong Kong Monetary Authority emphasizes that the first targets of regulation in 2023 will be those stablecoins advertised as…
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