U.S. banking lawyer: Stablecoins need regulation similar to banks

2025-3-12 21:23

Randy Guynn, a prominent U.S. banking attorney, has called for stablecoins to be subject to bank-level regulations. Speaking before the U.S. House Financial Services Committee, Guynn argued that stablecoins should offer the same level of safety as insured bank deposits… origin »

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stablecoins banking guynn should argued services financial

Источник: Cripyo.news

stablecoins banking → Результатов: 102


Jewel chooses ERC-3643 and Tokeny platform to issue stablecoins on Polygon

Jewel, a Bermuda-based digital asset banking platform, announced today a partnership with Tokeny, a blockchain-asset compliance infrastructure provider. Through the partnership, Jewel will power real-time settlement for digital asset institutions via its own bank-issued USD stablecoin on the Polygon, the popular blockchain development platform, offering scalable and sustainable Web3 infrastructure.

2022-5-17 21:08


Senate Banking Committee Split on How to Regulate Stablecoins

During the Senate Banking Committee hearing on stablecoins, a call for regulating the fiat-backed stablecoins was made, but what they will look like is to be seen. “Let’s be clear about one thing: if you put your money in stablecoins, there’s no guarantee you’re going to get it back,” Senate Banking Committee Chairman Sherrod Brown […] The post Senate Banking Committee Split on How to Regulate Stablecoins first appeared on BitcoinExchangeGuide.

2021-12-15 17:02


Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies

After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide.

2021-12-7 18:56


Фото:

Signature Bank’s Blockchain Payment Platform to Accept Trueusd Stablecoin

As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver 24/7 Dollar Payment and Settlement As more enterprises flirt with the idea of blockchain-based products and services, stablecoins are one of the areas of fascination […]

2021-6-22 12:30


World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions

“Money is entering a format war”, wrote Citigroup, in their latest Future of Money report, and this is creating both challenges and opportunity for companies in the payments sphere. The evolution of cryptocurrencies, digital wallets, challenger banks, stablecoins, CBDCs, DeFi protocols and other blockchain-focused payment platforms has opened the doors for forward-thinking companies – old […] The post World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions appeared first on NullTX.

2021-6-11 18:10


America’s Oldest Banking Giant, BNY Mellon, to Hold and Transfer Bitcoin & Other Cryptos Including Stablecoins

BNY Mellon plans to bring Bitcoin and cryptocurrencies under the same roof as traditional holdings through its platform that is now in prototype, following “heightened interest” and “new demand.” The post America’s Oldest Banking Giant, BNY Mellon, to Hold and Transfer Bitcoin & Other Cryptos Including Stablecoins first appeared on BitcoinExchangeGuide.

2021-2-11 18:03


Libra, digital yuan, centralized stablecoins are just banking services: MakerDAO's Christensen

MakerDAO's latest upgrade is deemed paramount to the ecosystem's relevance as it seeks to enhance the Dai token's real-world use cases. Maker's Rune Christensen recently featured in a Blockcrunch inteThe post Libra, digital yuan, centralized stablecoins are just banking services: MakerDAO's Christensen appeared first on AMBCrypto.

2019-11-19 09:30


European Central Bank: Stablecoins May Be Vulnerable To Regulatory Uncertainty

The European Central Bank (ECB) has recently emitted a new report on the cryptocurrency market. This time, the banking institution approached the issues with stablecoins. The latest report touches on questions such as whether stablecoins can be a solution for the volatility of the crypto market and whether or not they have dangers related to […]

2019-8-30 22:54


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