The $2.85B Binance hackers lost shows why the UK needs stablecoin freeze rules
The Binance hack proved stablecoin freezes work. Now the UK should make clear freeze rules a condition of listing coins.
Live · updated 8h ago
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| ▲ 0.00% |
| Tether Gold (tokenised gold) | 4,028.73 | ▼ 1.74% |
| Ondo USDY (tokenised treasuries) | 1.1500 | ▲ 0.02% |
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US Federal Reserve cuts rates in December
Rates · resolves 9 Dec 2026
Bank of England holds rates in December
Rates · resolves 17 Dec 2026
All GENIUS Act agencies publish final rules before 18 January 2027
Regulation · resolves 18 Jan 2027
UK publishes final stablecoin rules by 1 April 2027
Regulation · resolves 1 Apr 2027
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How many of us read the terms and conditions of a contract before buying a financial product?Contracts hold the detail that shapes everyone's financial life, whether you're taking out a loan, insuring your holiday, or signing up for a crypto wallet.All firms are responsible for making sure that terms in their consumer contracts comply with the fairness and transparency requirements of the Consumer Rights Act (CRA) 2015. When those terms don’t comply, our Consumer Contracts team has powers to challenge firms directly.This work shows how we use the full range of powers Parliament has given us…
The Binance hack proved stablecoin freezes work. Now the UK should make clear freeze rules a condition of listing coins.
The Office of the Comptroller of the Currency elevated the biggest U.S. exchange's trust status from conditional to a full-fledged charter, the company said.
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The Bank of England has today launched a consultation supporting central counterparties (CCPs) acceptance of tokenised forms of eligible collateral.