UK Crypto Rulebook Cuts Stablecoin Capital Requirement To 1%
The UK’s crypto rulebook is starting to look more real, and stablecoin issuers now have a clearer idea of what they are dealing with. The Financial Conduct Authority has finalised a major set of cryptoasset policy statements and cut a key proposed capital requirement for stablecoin issuance from 2% to 1%. That may sound like…
Bitcoin ETFs Coming To Japan? Government Prepares To End Ban
The sun could be set to shine brighter in Japan’s financial horizon, as regulators take another look at how Bitcoin will play a role in the country’s financial landscape. Authorities are now considering lifting a long-standing ban on Bitcoin and crypto exchange-traded funds (ETFs). This might signal a new era in the government’s outlook on…