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Nalezeno "Sterling": 33

European Markets Org Praises Bank of England On UK Stablecoin Rules


Today, the Bank of England extended the deadline for citizens to provide feedback on its proposed regulatory regime for UK stablecoins from February 6 to February 12. The central bank’s discussion paper focused on rules for sterling-denominated stablecoins, which it believes are the most likely...

Bank of England and UK’s FCA Propose Plans to Regulate Stablecoins


The UK’s central bank and the financial regulator have both proposed plans to regulate stablecoins in discussion papers, published Monday. The Bank of England (BoE) revealed that the regulatory measures focus on sterling-denominated stablecoins. This is because they have...

Twitch’s AI Seinfeld Show Has Devolved Into Existential Horror


Twitch’s first big artificially generated show Nothing, Forever is not the same anymore. Although it’s been running nonstop since December 2022, with just a handful of changes here and there, the Seinfeld-like broadcast almost broke late last week. Now, after getting fixed, it’s somehow even...

Nigerian Banks Resume Dispensing Recently Demonetized Naira Banknotes


According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetization of the 1,000, 500 and 100-naira banknotes. According to the court, Nigerian residents will continue to use...

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020


While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from...

Tether Launches Stablecoin Pegged to the British Pound Sterling


Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT....

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