Tags: stablecoin regulation

Lawmaker Raises Red Flags Over Hong Kong’s Stablecoin Regulation Proposal

Stablecoins Surpass Mastercard and PayPal in Transaction Volume While U.S. Fails to Maintain Leadership

NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.

Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said.

Rep. French Hill said the digital assets subcommittee plans to use its stablecoins draft as a model for how it will approach digital asset regulation moving forward.

Jeremy Allaire believes Congress will concentrate on stablecoin regulation because of its straightforward nature and significant growth potential.