Circle Becomes First Global Stablecoin Issuer to Comply with EU’s MiCA Regulations
Circle, a leading financial technology firm and issuer of the USDC and EURC stablecoins, has announced its status as the first global stablecoin issuer to comply with the European Union’s landmark Markets in Crypto-Assets (MiCA) regulatory framework. This accomplishment follows Circle’s attainment of an Electronic Money Institution (EMI) licence (‘agrément en qualité d’établissement de monnaie […]
How Star Wars and Star Trek Got The Future of Money So Wrong! | Poundcast Episode 17
In episode 17 of the Poundcast, we are thrilled to host technologist and thought leader Dave Birch. With a rich background in secure communications and financial services, Dave shares his insights on the evolution of money from physical forms to digital assets. We delve into the historical context of money, discuss the role of digital […]
Driving growth in digital assets markets
Source: Quant Quant Founder and CEO, Gilbert Verdian, recently had an in-depth conversation with Dominic Hobson, the co-founder of Future of Finance. They delved into the opportunities, challenges, and threats related to accelerating institutional adoption of digital assets. There are many factors encouraging, shaping and, in some cases, preventing the emergence of large-scale, global digital […]
Insights from Ripple’s President: SEC Battles, Payment Innovations, and Stablecoins
In a recent episode of ‘The Scoop Podcast’ by The Block, Monica Long, President of Ripple, offered a detailed discussion about the strategic movements of Ripple, especially in relation to XRP and the company’s new venture into stablecoins. Monica Long elaborated on how the clarity obtained from last July’s U.S. court decision—which confirmed XRP is […]
Global Counsel partners with the Digital Pound Foundation
We are delighted to announce that Global Counsel has become a strategic partner of the Digital Pound Foundation (DPF). Global Counsel is a global strategic advisory firm providing integrated consultancy services to clients working with policy change. Global Counsel and the DPF will collaborate on areas of overlapping interest across their policy and advocacy activities, […]
Uphold Delisting Tether and Five Other Stablecoins to Comply with MiCA Regulations
Uphold has notified its European users that it will cease support for six stablecoins—Tether (USDT), Dai (DAI), Frax (FRAX), Gemini Dollar (GUSD), Pax Dollar (USDP), and TrueUSD (TUSD)—effective July 1. This move aligns with the European Union’s Markets in Crypto-Assets Regulation (MiCA), which enforces stricter rules on fiat-backed and algorithmic stablecoins. Users must convert these […]
Ripple Complete Key Acquisition in Preparation to Launch USD-Backed Stablecoin
Earlier this year, Ripple announced its intent to acquire Standard Custody & Trust Company, a regulated digital asset custodian. Following regulatory approval, Ripple announced that the acquisition is now complete, and they have concurrently appointed Jack McDonald, CEO of Standard Custody, as Ripple’s Senior Vice President of Stablecoins, bringing extensive experience in investment banking, asset […]
Crypto Asset and Stablecoin Regulation in the UK: Past, Present and Future | Poundcast Episode 16
In Episode 16 of the Poundcast, we are joined Laura Navaratnam to explore the evolving landscape of crypto asset regulation in the UK. Laura is the UK Policy Lead at the Crypto Council for Innovation and previously spent seven years at the UK Financial Conduct Authority in a variety of leadership roles. In this episode, […]
An Accelerated Shift to Instant Payments Across Europe
Source: Ripple (This post was originally published in 2022 and has been updated as of May 2024) Instant payments continue the forward march as the transaction method of choice for consumers and businesses across the European Union and the United Kingdom. Entities like the European Commission (EC) are behind the progress, working to build more […]
Exploring the Potential of Central Bank Digital Currencies in Africa
Source: Ripple (This post was originally published in 2022 and has been updated as of May 2024) A few reasons for the aforementioned financial exclusion include cost barriers to opening an account, high remittance fees, a lack of identifying documentation, limited access to physical bank branches, and an economy that still largely operates on cash. […]
