8 articles tagged with "stablecoins"
A recent report suggests that many businesses are poised to adopt stablecoins within the next year, though regulatory uncertainties pose significant challenges to this trend.
The newly introduced platform by OKX AI aims to connect agents with job opportunities, facilitating payments in stablecoins and drawing inspiration from established platforms like Upwork.
The Bank for International Settlements warns that stablecoins may undermine the global financial system, urging faster development of tokenized central and commercial bank currencies.
The GENIUS Act introduces a structured regulatory environment for dollar-backed stablecoins in the United States, aiming to clarify issuance and backing standards.
Former BIS General Manager Agustín Carstens has expressed support for stablecoins, highlighting their potential to improve financial inclusion while calling for global regulations.
The Bank of England has revised its approach to stablecoin regulations by removing proposed holding limits and introducing a £40 billion issuance cap, aiming for a 2027 launch.
A coalition of bipartisan senators is urging the Treasury Department to uphold the regulatory authority of states over stablecoins as specified in the GENIUS Act.
