News

Kakaopay's stock fell 10%--the sharpest daily decline in more than three months--to close at 84,200 won, equivalent to $62.01. The slump followed the stock's forced trading suspensions on Tuesday and ...
South Korea’s retail traders just made Circle their top foreign stock as a new president ramps up stablecoin regulations.
Annual Economic Report has just bashed stablecoins for failing major monetary tests. Here’s what the BIS thinks.
The stablecoin audit will detail the reserves backing USD1, which include US dollar deposits, treasuries, and cash ...
Hyperbolic as it may sound, the idea that large societal costs are incurred when the singleness of money breaks down is not without merit. The go-to example that central bankers, economic historians, ...
The stock of stablecoin issuer Circle’s shares (CRCL) entered a brief cool-off on the 24th of June after doubling in the ...
One of the world's oldest international financial organizations issued a report critical of stablecoins. Shares of Circle ...
The Bank for International Settlements has warned that stablecoins can’t replace real money, lacking central bank backing, ...
The European Commission, the EU’s executive branch, plans to issue formal guidance in the coming days, according to the ...
BIS report finds stablecoins fail “three key tests” as money, raising financial risks and urging caution for monetary systems ...
President Donald Trump called on lawmakers to work over Fed Chair Jerome Powell for keeping interest rates elevated. In the ...