Earlier this year the prime minister's father said Thailand should consider "issuing stablecoins backed by government bonds."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The UK financial regulator is soliciting feedback on the future regulation of specific digital asset activities as part of its crypto roadmap.
Carney is far from a supporter of the crypto industry, but has also called for regulations that do not stifle its growth.
USDC issuer Circle had incorporated a legal entity within the ADGM in December 2024.
South Korea's financial regulators are also loosening previously strict regulations on the crypto asset sector.
The ECB believes Trump's support for the crypto industry may cause financial 'contagion,' putting the EU economy at risk, Politico reported.
South Korea's central bank says it will 'actively participate' in stablecoin legislation development and GSR helps a consumer products firm establish a SOL treasury.
The nation is working on the second part of its crypto legislation, focusing on stablecoins and transparency rules for crypto services.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Chinese local governments have been selling confiscated crypto assets amid a slowing economy, Reuters reported.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The plan is expected to help the country overcome the challenge of having leftover energy amid high electricity tariffs.
Argentina's Chamber of Deputies passed three draft solutions to summon and investigate officials, including the minister of economy.
The SEC intends to host a round table with Coinbase and other crypto legal rivals, and Ripple plans to acquire Hidden Road for $1.25 billion.
Former Binance CEO Changpeng 'CZ' Zhao also joins Pakistan Crypto Council as advisor, and the stablecoin startup Cap raised $8 million in seed funding.
The Hong Kong FSC's staking guideline is part of the government's roadmap to develop the region's crypto framework.
Unlocking the local market would further boost the USD stablecoin market and revitalize the South Korean crypto industry, one analyst said.
A total of 51 firms are currently on the FCA's crypto asset register, which also includes Coinbase, Fidelity, Gemini and Kraken.
VanEck is a global investment management firm focused on specialized and often underrepresented asset classes.
Taiwan's top financial regulator and a lawmaker have each drafted separate versions of a special crypto act.
The country aims to add insider trading regulations on crypto-related companies following a rise in scam reports, Nikkei said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bpifrance's ability to make direct token investments became "much more urgent" in light of the United States' accelerating crypto strategy.
The halt was due to BaFin identifying "serious deficiencies in Ethena GmbH 's USDe token authorization" and instructed Ethena GmbH to freeze its asset reserve.
In collaboration with industry, regulators and the community, plans include creating a framework for digital asset platforms and stablecoins.
The new exchange, Grinex, reportedly shares similarities to Garantex, which was shuttered earlier this month by international authorities.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Participants will be enabled to convert their bank deposits into tokenized deposits for payments at local shops, according to a local report.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.