Stablecoins
Circle CFO Jeremy Fox-Geen to step down by year-end after steering $1.2B IPO
Circle Internet Group, the issuer of the USDC stablecoin, announced the resignation of Chief Financial Officer Jeremy Fox-Geen by December 31, 2026. Fox-Geen spent...
Stablecoins
US Prosecutors Want $84.2 Million From a Bank Tied to Tether
The US Department of Justice filed a civil forfeiture complaint on July 15 targeting $84.2 million in accounts tied to Capstone Ltd., a Montana-based...
Stablecoins
EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms
The European Banking Authority (EBA) is considering imposing restrictions on stablecoin lending activities for crypto firms operating in the European Union. The regulator wants...
Stablecoins
Circle CFO Jeremy Fox-Geen to Step Down by Year-End
Jeremy Fox-Geen, chief financial officer of Circle, will step down by year-end. The USDC stablecoin issuer has already begun searching for his replacement. Fox-Geen's...
Stablecoins
Fed Proposes Full Reserve And Capital Rules For US Stablecoin Issuers
The Federal Reserve has proposed two sets of rules for payment stablecoin issuers under its supervision as part of the GENIUS Act. These proposals...
Stablecoins
Tether says it had ‘limited’ exposure to bank linked to $84M US seizure
Tether has stated it had "limited" exposure to EQIBank, the bank accused by the US Department of Justice of directing a Montana payments company...
Stablecoins
MeshWallet Says It Raised $10M To Expand Gasless USDT Wallet
MeshWallet has raised $10 million in a private funding round to expand its gasless USDT wallet on the TRON network. The financing came from...
Stablecoins
Circle Foundation backs UN push to move aid payments onchain
Circle Foundation announced two partnerships with the United Nations Development Programme (UNDP) and the World Food Programme (WFP) to explore digital payments and regulated...