6 stories this week 124 in all, from the Digital Assets desk.
More than 90% of stablecoins are dollar-backed, and issuers hold U.S. government securities as reserves, Treasury Secretary Scott Bessent said at Ripple's Swell conference.
90%Share of stablecoins backed by U.S. dollars · CoinDesk, citing Treasury Secretary Scott Bessent
The rule takes effect January 18 and offers no examples of which rewards arrangements cross the law's ban on payments made solely in connection with holding, use, or retention of a payment stablecoin.
The first Frontier Forum session will cover machine intelligence's effect on price discovery and risk management, and how traders' AI agents fit under CFTC rules.
The Oct. 16 vote was 38 to 37, with 25 abstentions; swaps into MiCA-defined e-money tokens would lose tax deferral from Jan. 1, 2027, triggering the default 31.4% rate.