The Bank for International Settlements (BIS) has warned that the rapid spread of U.S. dollar-pegged stablecoins may be creating a parallel channel for cross-border money movement that can, in practice, weaken some emerging markets’ foreign-exchange controls and capital restrictions.
In a research paper released Tuesday ET, the BIS said it analyzed stablecoin flows across more than 130 jurisdictions and found that stablecoin activity “appears largely unaffected” by either broad-based or targeted capital flow restrictions. The report pointed to the fact that a portion of stablecoins circulate… Read more
Solana’s stablecoin market cap surpassed $15 billion as USD1 and USDGO push the non-USDC/USDT segment to an all-time high of $4.81 billion. The post Solana
The Justice Department flags concerns on the CLARITY Act, fearing it could complicate crypto money laundering prosecutions. The post Justice Department warns Clarity Act may
US 30-year Treasury yields surpass 5% for a record 27 days in 2026, highlighting intensified inflation and geopolitical pressures. The post US 30-year Treasury yields
SEC’s Hester Peirce warns DeFi platforms that vaults and lending could face securities laws based on management and structure. The post SEC’s Hester Peirce warns
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