The difficult part of central bank digital currencies is adoption, said Ashok Venkateswaran, Mastercard’s blockchain and digital assets lead for Asia-Pacific.
A Binance executive said the cryptocurrency exchange plans to delist stablecoins in the European market by June 2024 in order to comply with standards laid out by MiCA.
In a rapidly globalizing world, SMEs in emerging economies face unique challenges in accessing the global financial system, but the rise of stablecoins offers a promising solution.
A “major leading indicator” for Bitcoin is pointing the way toward a classic repeat of bullish BTC price phases, analysis says.
Circle launched EUROC last year as a regulated stablecoin, which means that each token is fully backed by euro reserves held at United States-regulated financial institutions.
The vote clears the way for landmark MiCA regulation to take effect in 2024.
Digital regulatory professionals have predicted the wide use of stablecoins worldwide by 2030, despite the current competition between TradFi and DeFi.
Fintech innovations such as open banking, CBDCs, stablecoins, and instant payments are driving transformation in the financial sector.
Bitcoin & Stablecoins to help address currency volatility in African countries and provide a more stable and reliable means of exchange.
G20 nations and IMF mentioning the need for differentiation between CBDCs & Stablecoins, and Crypto Assets.