Crypto exchanges are evolving into multi-asset financial infrastructure. Explore the implications for wealth managers, traditional brokers and neobanks...
HSBC Holdings Plc and Standard Chartered Plc are set to become among the first licensed stablecoin issuers in Hong Kong, giving two of the city’s note-issuing banks a central role in the government’s push to position itself as a global digital-asset hub
Sarah Breeden, Deputy Governor at the Bank of England, signalled that U.K. regulators may reconsider their relatively strict limits on stablecoin holdings, following pushback from the digital asset industry.
One particularly important but largely underreported development in the stablecoin space has been the granting of national trust bank charters by the Office of the Comptroller of the Currency (OCC) to stablecoin and digital asset firms.