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Moody working on crypto stablecoin scoring system
Moody’s is reported to be working on the early implementation of a scoring system for stablecoins, the crypto sector’s most traded tokens, as the asset class grows and faces increased... read more
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Russia and Iran consider stablecoin for cross-border trade settlement
Local Russian news outlets are reporting that Russia and Iran are considering a stablecoin collaboration to skirt financial and economic restrictions imposed by the US, EU, UK and other countries,... read more
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Banks lag behind their corporate clients on blockchain
A new report from leading financial research firm East & Partners in partnership with Payments Cards & mobile, claims banks are lagging far behind their clients’ expectations when it comes... read more
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US financial regulator issues stablecoin expectations to virtual currency industry
The New York State Department of Financial Services (DFS) has issued a new Regulatory Guidance, setting foundational criteria for USD backed stablecoins used by DFS-regulated entities. This represents the first US... read more
The post US financial regulator issues stablecoin expectations to virtual currency industry appeared first on Payments Cards & Mobile.
UK Cryptocurrency laws and digital assets to be given overhaul
The UK is considering the creation of a new category of private property law for digital assets like cryptocurrency which are being used to make payments or represent other assets,... read more
The post UK Cryptocurrency laws and digital assets to be given overhaul appeared first on Payments Cards & Mobile.
