Circle Urges EU to Scrap Strict Bank Deposit Rules for Stablecoins
The issuer of the second-largest stablecoin in the crypto world proposed a new regime for foreign-regulated stablecoins, where international issuers would be primarily supervised in their home jurisdiction with measures equivalent to those applied in the EU, allowing locally licensed institutions to handle distribution. Circle Proposes New Foreign Stablecoin Regime Under MiCA Circle, the issuer […]
Read Full Article on News.Bitcoin.comSummary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Brazil Calls Its Own Betting Laws Unconstitutional as Shutdown Begins
Brazil’s government has asked the Supreme Court to strike down the core of the laws that created its licensed betting market, two years after defending them. The filing landed days before licensed sites go dark on Oct. 6, with Justice Luiz Fux yet to rule on…
IRS Risk Chief Gives an Uncomfortable AI Warning for Regulators
Two years ago, we were using AI for research, writing, and making information easier to access. Then came more advanced capabilities — coding, building sophisticated apps and systems in minutes, automating business processes, and creating studio-grade images…

CFTC makes its biggest move yet to bring offshore crypto trading back to the US
The Commodity Futures Trading Commission (CFTC) is offering US crypto exchanges a federal route to retail leverage as Congress remains stalled on market-structure legislation. On Oct. 5, the financial regulatory agency opened rulemaking for Regulation Crypto…