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Regulators need to prepare for the Crypto Spring
We may be in the middle of a crypto winter, and digital assets might have lost two-thirds of their value. But that’s not stopping regulators preparing for a future crypto... read more
The post Regulators need to prepare for the Crypto Spring appeared first on Payments Cards & Mobile.
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
The post Moody working on crypto stablecoin scoring system appeared first on Payments Cards & Mobile.
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
The post Russia and Iran consider stablecoin for cross-border trade settlement appeared first on Payments Cards & Mobile.
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
The post Banks lag behind their corporate clients on blockchain appeared first on Payments Cards & Mobile.
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.
