Under the new regulations, the FSA will only permit stablecoins that pass checks to ensure user protections are in place and reserve assets are secure.
January 31, 2023BOK says stablecoins pegged to foreign currencies should be subject to foreign exchange laws, while those pegged to the Korean won should fall under the central bank's regulatory remit.
December 17, 2022The report finds that failures of stablecoins or other crypto assets pose material impacts on the traditional financial system such as the money market.
November 29, 2022The ECB calls on investors and financial institutions to evaluate whether crypto undermines their ESG objectives and climate strategy.
July 25, 2022FSB asked to "advance the swift development and implementation of consistent and comprehensive regulation of crypto-asset issuers and service providers".
May 23, 2022Etelka Bogardi and Amy Chung say Hong Kong's efforts to regulate the crypto sector and stablecoin market are on the whole in line with international trends while leaving room for further development.
April 20, 2022