FATF sounds alarm over rising stablecoin misuse as global crypto rules lag
The FATF's latest implementation report highlighted gaps in compliance amid rising illicit stablecoin use and urged strong global regulatory action.
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The bill now heads to the Senate, where it meets a similar measure introduced by Senators Moreno, Blunt Rochester, and Sheehy.
Hong Kong's policy update targets real-world asset tokenization and enhanced regulatory frameworks.
By acquiring its MiCA license, Kraken matches Coinbase's strategic push in Europe, reinforcing its presence with expanded regulatory clarity.
Proposed EU guidance could broaden access to USDC and USDT, defying ECB concerns over monetary sovereignty.
The order also requires the enterprises to add risk mitigants that account for market volatility and to keep reserve ratios that reflect the share of collateral held in digital assets.
Governor rejected a “buy Bitcoin” bill - now approves a bill to hold seized Bitcoin instead. Crypto held by the state, not self-sovereign citizens.