Global stablecoin regulation evolves

Timeline

1. about 11 hours ago

   [BUSINESS] 26 sources

   Fed Chair Kevin Warsh vows no tolerance for high inflation in first congressional testimony

   Fed Chair Kevin Warsh told Congress the Fed will not tolerate high inflation, pledges a policy “regime change,” affirms independence from Trump, and disclosed crypto holdings, while noting June CPI fell to 3.5

2. 9 days ago

   [BUSINESS] 4 sources

   SS&C Technologies adds digital cash settlement to tokenized fund platform

   SS&C Technologies will add stablecoin‑based digital cash settlement to its tokenized fund platform to cut settlement risk and streamline cross‑border trading.

3. 13 days ago

   [BUSINESS] 2 sources

   European Central Bank faces Bundesbank critique as BIS pushes central‑bank support for stablecoins

   The Bundesbank criticizes the ECB over fiscal dominance, while the BIS argues stablecoins need central‑bank backing and tighter regulation to avoid systemic risks.

4. 13 days ago

   [BUSINESS] 2 sources

   U.S. GENIUS Act deadline set for July 18 as stablecoin rules near finalization

   The GENIUS Act’s July 18 deadline forces U.S. agencies to finalize stablecoin rules, imposing reserve, audit and yield bans that favor large issuers and could reshape the $300 B market.

5. 15 days ago

   [BUSINESS] 5 sources

   Coinbase and Spiko Enable Stablecoin Payments for European UCITS Funds

   Coinbase and Spiko have integrated USDC and EURC payments into two EU UCITS Treasury‑bill funds, enabling 24/7, near‑instant subscriptions and redemptions via Coinbase’s Base network.

6. 19 days ago

   [BUSINESS] 2 sources

   Bank of France urges stricter EU stablecoin rules as Binance scales back services

   Bank of France calls for tighter EU stablecoin rules as Binance limits services in France, Italy, Poland and Spain after missing the MiCA deadline, reshaping the European crypto market.

7. 19 days ago

   [BUSINESS] 2 sources

   Bank of England caps UK stablecoin issuance at £40 billion

   The Bank of England replaced individual holding limits with a £40 billion issuer cap for systemic sterling stablecoins and relaxed reserve rules, positioning the UK as a flexible alternative to EU crypto rules.

8. 19 days ago

   [BUSINESS] 4 sources

   Invesco files to launch tokenized stablecoin reserve fund with SEC

   Invesco filed with the SEC to launch a tokenized money‑market fund for stablecoin reserves, partnering with Superstate and complying with the GENIUS Act, joining other major asset managers in the space.

9. 22 days ago

   [BUSINESS] 3 sources

   Bank of England Sets £40bn Issuance Cap in New Stablecoin Rules

   The Bank of England released revised stablecoin rules, dropping personal wallet caps, setting a £40 bn issuance limit per stablecoin and allowing up to 70 % of reserves in short‑term UK gilts; the framework is

10. 22 days ago

    [BUSINESS] 2 sources

    Bank of England drops stablecoin holding limits, sets £40bn issuance cap

    The Bank of England has removed individual holding limits on pound‑backed stablecoins, replacing them with a temporary £40 bn aggregate issuance cap and easing reserve rules, while keeping 24‑hour redemption, a

11. 23 days ago

    [BUSINESS] 15 sources

    Bank of England drops individual stablecoin caps, sets £40 bn issuance guardrail

    The Bank of England removed individual stablecoin holding caps, replacing them with a £40 bn issuance limit and easing reserve rules to 70 % government debt; final rules due end‑2026, rollout in 2027.

12. 26 days ago

    [BUSINESS] 2 sources

    US Regulators Propose Customer Identification Rules for Stablecoin Issuers

    U.S. regulators propose joint rules requiring stablecoin issuers to implement bank‑style customer ID programs under the GENIUS Act, with public comment slated for June 22.

13. 26 days ago

    [BUSINESS] 2 sources

    Fidelity launches GENIUS Act‑compliant stablecoin reserve fund

    Fidelity launched the Fidelity Reserves Digital Fund (FYMXX), a money‑market fund that meets GENIUS Act rules by investing in short‑term Treasuries, cash and repos, providing compliant reserves for dollar‑pegg​

14. 28 days ago

    [POLITICS] 3 sources

    US Senators Push Treasury to Preserve State Authority Over Stablecoins

    Bipartisan U.S. senators urged Treasury to keep state authority over stablecoins under the GENIUS Act, warning the draft rules could preempt state oversight and affect compliance costs.

15. 29 days ago

    [BUSINESS] 5 sources

    US asset managers roll out GENIUS Act‑compliant stablecoin reserve funds

    Fidelity and State Street launched GENIUS Act‑compliant money‑market funds to provide regulated reserve management for stablecoin issuers, backed by Anchorage Digital.

16. about 1 month ago

    [BUSINESS] 2 sources

    Tether launches federally regulated USA₮ stablecoin amid GENIUS Act debate

    Tether's USA₮ stablecoin, the first federally regulated token under the GENIUS Act, launches on major exchanges, while crypto groups press regulators to narrow AML rules for secondary markets.

17. about 1 month ago

    [BUSINESS] 2 sources

    NYDFS Proposes Stablecoin Rules Aligned with the GENIUS Act

    NYDFS Acting Superintendent Kaitlin Asrow proposed new stablecoin regulations to align New York’s framework with the federal GENIUS Act, adding reserve caps and risk‑management requirements; comment periods are

18. about 1 month ago

    [BUSINESS] 2 sources

    UK House of Lords urges swift stablecoin regulation to support innovation

    UK Lords urge faster, less restrictive stablecoin rules, warning delays could hinder GBP‑stablecoin growth and innovation.

19. about 1 month ago

    [BUSINESS] 2 sources

    UK lawmakers push for softer stablecoin regulations

    UK House of Lords urges the Bank of England to ease strict stablecoin rules, warning that tight caps could cripple the sterling‑backed market.

20. about 2 months ago

    [TECHNOLOGY] 3 sources

    EU moves to regulate stablecoins amid shifting crypto market and exchange competition

    EU prepares new rules targeting stablecoins as crypto assets become mainstream; regulators warn of financial risks while exchange competition heats up between Binance and decentralized platform Hyperliquid.

21. about 2 months ago

    [BUSINESS] 5 sources

    Yield-Bearing Stablecoins Could Cut Bank Deposits as fUSD Launches via Anchorage and Falcon

    Yield‑bearing stablecoins may shrink bank deposits, while Falcon Finance and Anchorage Digital Bank launch fUSD, a GENIUS‑ready stablecoin offering ~3% rewards to qualifying institutions.

22. about 2 months ago

    [BUSINESS] 9 sources

    European Central Bank rejects proposals to ease euro stablecoin rules, citing bank and policy risks

    The ECB rejected Bruegel's call to ease euro stablecoin rules, warning that looser regulations could weaken banks, raise funding costs, and hinder monetary‑policy transmission.

23. about 2 months ago

    [BUSINESS] 2 sources

    Stablecoins Remain Dominant as Tokenized Money Market Funds Face Regulatory Limits

    JPMorgan warns tokenised money‑market funds will stay a small share of the stablecoin market due to securities rules, while the US funds quantum computing and EU banks roll out tokenised settlement platforms.

24. about 2 months ago

    [BUSINESS] 2 sources

    FDIC stablecoin rule proposal faces industry pushback over GENIUS Act scope

    Crypto groups urge the FDIC to soften its GENIUS Act stablecoin rules, warning against overreach and bias toward big banks.

25. 2 months ago

    [BUSINESS] 3 sources

    Bank of England Reconsiders Stablecoin Ownership Caps and Reserve Rules

    Bank of England will review its £20k individual stablecoin cap and 40% reserve rule after industry criticism, says Deputy Governor Sarah Breeden.

26. 2 months ago

    [BUSINESS] 2 sources

    JPMorgan warns of $6.6 trillion risk from interest‑bearing stablecoins

    JPMorgan warns interest‑bearing stablecoins could create a $6.6 trillion parallel banking risk as institutions grapple with treasury integration challenges.