Topic
Stablecoins
328 published works
The CLS Blue Sky Blog
Stablecoins, National Currencies, CBDCs, and Banks
By Kimberly A. Houser, Colleen Baker
The Federal Reserve is set to release a much anticipated discussion paper on the prospect of a digital U.S. dollar. According to the Bank for International Settlements (BIS), over 86…
Global Regulation Tomorrow
FSB report on the regulation, supervision and oversight of “global stablecoin” arrangements
On 7 October 2021, the Financial Stability Board (FSB) published a progress report setting out the progress made on the implementation of its high-level recommendations for the regulation, supervision and…
Indochine Counsel Blog
Is VNDC a Stablecoin for Vietnamese Investors?
Lately, I've been busy with some research surrounding crowdfunding in Vietnam. Perhaps I'll address some of those issues at a later date, but right now I want to discuss something…
The Blockchain Monitor
New Stablecoin and CBDC Developments, Blockchain Enterprise Initiatives Announced, Crypto Financial Services Firm Targeted by State Regulators
By Robert A. Musiala, Joanna F. Wasick, Jordan R. Silversmith, Keith R. Murphy, Kayley Sullivan
In this issue: • US Stablecoin Issuers Publish New Details on US Dollar Reserves • US Treasury, Bank of Canada and Academics Address Stablecoins and CBDCs • Australian and Georgian…
International Trade Law
Update: Treasury Secretary Janet Yellen Holds a Meeting of the President’s Working Group on Financial Markets (PWG) to Discuss Stablecoins
By Michelle Ann Gitlitz, Anand Sithian
On July 19, 2021, the President’s Working Group on Financial Markets (PWG) met to discuss stablecoins – including their recent rapid growth, potential uses as a form of payment, and…
International Trade Law
Treasury Secretary Janet Yellen to Hold a Meeting of the President’s Working Group on Financial Markets (PWG) to Discuss Stablecoins
By Michelle Ann Gitlitz, Anand Sithian
On July 16, 2021, Secretary of the Treasury Janet Yellen announced that the President’s Working Group on Financial Markets (PWG), the Office of the Comptroller of the Currency, and the…
The Blockchain Monitor
Financial Firms Launch New Crypto Products, NFTs Trending, Crypto Exchange Acquires Broker-Dealer, SEC, DOJ, IRS and CFTC Actions Target Crypto Actors
By Jordan R. Silversmith, Veronica Reynolds, Joanna F. Wasick, Keith R. Murphy, Robert A. Musiala
In this issue: • US Institutional Financial Firms, and Fintech Startups, Launch Crypto Products • Creative NFT Launches and Bitcoin Giveaways Continue To Trend • US Crypto Exchange Acquires Broker…
Blockchain Legal Resource
New York Attorney General Announces Settlement with Bitfinex
As we previously reported, the New York Attorney General has been in protracted litigation with crypto exchange Bitfinex and affiliated stablecoin-issuer Tether. On February 23, 2021, the Attorney General announced…
Cleary FinTech Update
OCC Affirms Authority of National Banks to Engage in Additional Cryptocurrency-Related Activities, Including Issuing Stablecoins
By Derek M. Bush, Katherine Mooney Carroll, Graham Bannon, Michael G. Sanders, Hugh C. Conroy, Jr.
On January 4, 2020, the Office of the Comptroller of the Currency (“OCC”) published an interpretive letter (the “Letter”) clarifying that national banks and federal savings associations (“banks”) may engage…
Global Regulation Tomorrow
UK Government consults on plan to regulate stablecoins
On 7 January 2021 HM Treasury published a call for evidence on a proposed expansion of the UK’s regulatory perimeter to stablecoins, whilst also seeking input on investment and wholesale…