Usd Coin Financial News

08.12 / 12:41

Blockchain Stablecoin Usd Coin Bitcoin hearing House memo details Congress' priorities ahead of crypto CEO hearing

The United States House Committee on Financial Services released a memorandum detailing the points of discussion during the hybrid hearing on digital assets, to be held today at 10:00 a.m. ET.

07.12 / 01:43

Blockchain Stablecoin Tether Usd Coin Financial Japan's financial regulators may propose legislation in 2022 restricting stablecoin issuance

According to The Nihon Keizai Shimbun (Nikkei), one of the world's largest financial newspapers and the entity behind the Nikkei 225 stock index, Japan's Financial Services Agency, or FSA, will propose legislation next year restricting stablecoin issuance to only bank and wire transfer companies. Theoretically, this would prevent entities such as Tether (USDT), which does not operate as a bank and is only regulated in the British Virgin Islands, from conducting business with Japanese customers.

15.11 / 12:43

business Stablecoin Usd Coin expansion Circle to invest in Japanese yen stablecoin as part of expansion to Asia

Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets.

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