Bundesbank President Wants Euro-Pegged Stablecoins to Prevent Dollarization
In brief
The ECB’s Joachim Nagel has said that euro-denominated stablecoins could provide fast and cheap remittances, while also counte...
China Formalizes Ban on Yuan Stablecoins, RWA Tokenization
In brief
China’s central bank and regulators have issued a notice that bans unapproved issuance of renminbi-pegged stablecoins, includi...
Senator Lummis Urges Banks to ‘Embrace’ Stablecoins Amid CLARITY Act Stalemate
In brief
Sen. Cynthia Lummis has urged banks to “embrace” stablecoins, calling them a faster, cheaper payment rail and “an entirely new...