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SMBC, Ava Labs, Fireblocks sign MoU for stablecoin framework in Japan
2.4.2025
Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore...
Russia Weighs Stablecoin Framework for International Deals
3.7.2024
Owing to economic challenges and sanctions, Russia is considering using stablecoins to conduct cross-border transactions, especially with China. The Russian central bank, which was not very receptive to digital currencies earlier, has now realized the potential of these crypto-assets...
UK Government Rolls Out Final Proposals for Stablecoin Regulation
30.10.2023
The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users. In an Oct 30 release, His Majesty’s Treasury published a set of guidelines for regulating...
Stablecoin framework is a near-term priority for Aussie regulators
8.12.2022
As stablecoins become widely used as a means of payment, Australia is preparing to regulate them accordingly
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...