Bank of England to Impose Strict Crypto Rules on Banks by 2026

June 20, 2025

Catenaa, Friday, June 20, 2025-The Bank of England will introduce tough new regulations limiting how banks handle cryptocurrencies by 2026, adopting a cautious stance amid concerns over digital asset volatility and financial stability. David Bailey, executive director for prudential policy at the BoE, said Wednesday the proposed framework will be on the “restrictive end” of […]

Hong Kong Approves Stablecoin Bill, Sets Licensing Regime

May 21, 2025

Catenaa, Wednesday, May 21, 2025- Lawmakers in Hong Kong passed landmark legislation Wednesday to establish a licensing regime for stablecoin issuers, becoming one of the first global financial hubs to formalize oversight of fiat-referenced digital assets. The “Stablecoins Ordinance,” passed in its third reading by the Legislative Council, mandates that any entity seeking to issue […]

Schumer Warren Urge Senate to Block Stablecoin Bill

May 10, 2025

Catenaa, Saturday, May 10, 2025-Senate Democrats withdrew support for a bipartisan stablecoin bill after pressure from Senate Minority Leader Chuck Schumer and Sen. Elizabeth Warren, Politico reported last Sunday (4), casting doubt on the future of the legislation. The reported intervention followed a closed-door meeting last week, where Schumer advised Democratic senators to hold back […]