UK Crypto Rulebook Cuts Stablecoin Capital Requirement To 1%

The FCA's expanded oversight on AI in finance could set a precedent for regulating AI across other sectors, potentially enhancing consumer protection. The post UK Financial Conduct Authority calls for expanded powers to oversee AI risks in financial services appeared first on Crypto Briefing.

The FCA's reliance on existing frameworks for AI regulation may lead to increased risks and market imbalances, necessitating future policy shifts. The post UK Financial Conduct Authority warns of regulatory challenges in AI arms race appeared first on Crypto Briefing.

FCA official makes case for greater powers for watchdog as millions use technology for personal finance decisions

SOL is trading below $80, yet Solana’s RWA, stablecoin, and infrastructure narratives remain active.

A potential peace deal could reshape crypto regulations, impacting sanctions, stablecoin demand, and cross-border commerce dynamics. The post Trump to discuss war resolution with Ukraine’s Zelensky, and crypto markets are watching closely appeared first on Crypto Briefing.

Tether lost $791 million this week, a single-token drop that accounted for 41% of the $1.9 billion pulled from the entire stablecoin market. Most of its top competitors also finished lower, with USDC shedding 1.05% and Sky Dollar plunging 2.36%. The total stablecoin market cap sits at $311.311 billion, down 0.61% over the past seven […]

Revolut USDT wind-down: July 6 buys stop, July 30 deposits rejected, Aug 31 auto-convert to fiat as MiCA kicks in across the EU. Practical steps for retail.

Kenya’s National Treasury and cryptocurrency exchanges are in a standoff over a proposed regulation requiring stablecoin issuers to hold at least 30% of their asset reserves in local commercial banks. Protecting the Local Market Cryptocurrency exchanges and Kenya’s National Treasury are reportedly locked in a standoff over a proposed regulation that would force stablecoin issuers […]