BOE Deputy Governor Sarah Breeden tied the need to impose caps on stablecoin holdings to the U.K.’s mortgage market, which relies on commercial bank lending.
UK Stablecoin Rules Will Be in Place ‘as Quickly as the U.S.,’ BOE Says: Bloomberg
BOE Deputy Governor Sarah Breeden tied the need to impose caps on stablecoin holdings to the U.K.'s mortgage market, which relies on commercial bank lending.
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The momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks.
The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her rationale.
The crypto payments app joins a growing group of regulated firms as stablecoin transfers gain traction as a cross-border alternative.
Tigran Gambaryan, Binance’s compliance head, who remains jailed in Nigeria, is suspected of having Malaria, a family spokesperson told CoinDesk.