Source: en.wikipedia.org
U.S. banking regulators want to apply new compliance standards to stablecoin issuers. The Office of the Comptroller of the Currency (OCC) issued a proposed rulemaking Monday (June 22) that...
Crypto payments company MoonPay has acquired Entendre, which makes artificial intelligence (AI) accounting agents for stablecoin firms. The purchase “extends MoonPay’s infrastructure into the financial...
England’s central bank is easing its stablecoin restrictions following pushback from the cryptocurrency industry. The Bank of England (BOE) announced Monday (June 22) that it would not introduce...
Two developments this week, one in artificial intelligence (AI) and the other in financial services, underscore a reality confronting businesses across industries. Their technological capability...
Zelle network operator Early Warning Services plans to launch a proprietary U.S. dollar-backed stablecoin as part of its strategy to expand Zelle person-to-person digital payments beyond the...
Five federal agencies are seeking public comment on a proposal to require certain payment stablecoin issuers to maintain a customer identification program. “The proposal would...
Cross-border payments/stablecoin settlement infrastructure company Trace Finance has raised $32 million in new funding. The Series A financing, announced Wednesday (June 17), will help Trace...
The question for banks and payment players isn’t whether crypto is becoming compliant, but whether compliance finally makes crypto useful. For years, crypto firms argued...
U.K. neobank Plasma has launched what it calls its flagship stablecoin banking product. Plasma One, announced Wednesday (June 17), is part of what the company...