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Bank of Canada stablecoin regulations could arrive in mid or late 2027, pushing the detailed rulebook later into the same year that Canada's government has already marked for its framework to take effect. That timing lands just as Visa Canada and Wealthsimple are piloting USDC settlement for certain card-network obligations in Canada. The result is […] The post Bank of Canada to bring stablecoin rules in 2027 with US Clarity Act on the brink of stalling appeared first on CryptoSlate.

The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins. As the UK considers options to attract and develop the crypto industry at home, the Bank of England (BOE) has put forward several proposals for how it might regulate stablecoins to mitigate perceived financial risks. These have included a ban on custodial wallets for stablecoin holdings. The UK crypto industry, from stablecoin issuers to Bitcoin hardliners, has predictably taken issue with the ban. “This would be a serious misstep for the UK, risking long-term damage that is hard to unwind,” said Benoit Marzouk, CEO of stablecoin issuer tGBP told Cointelegraph. Read more

The Bank of Italy’s deputy governor floated the evaluation of tokenized SEPA payments, as the ECB experiments with tokenized digital payment frameworks to avoid stablecoin competition. European financial institutions should assess whether the Single Euro Payments Area (SEPA) can be extended into tokenized payments, Bank of Italy Deputy Governor Chiara Scotti said, as policymakers look for ways to keep euro-denominated settlement central to digital finance. Scotti called a tokenized extension of SEPA an “important area for reflection” during a Monday speech at the Digital Assets and Monetary Policy Transmission workshop in Rome, saying Europe’s existing payments framework offers scale, shared standards and interoperability. Her comments come as the Eurosystem prepares a pilot for Pontes, a distributed ledger technology settlement initiative designed to link market DLT platforms with TARGET Services and settle transactions in central bank money. The pilot is expected by the third quarter of 2026. Read more

New Bank of Korea Governor Hyun-Song Shin supported CBDCs and deposit tokens in his first address, while stablecoins were notably absent from his remarks. The newly appointed governor of the Bank of Korea, Hyun-Song Shin, has voiced support for central bank digital currencies (CBDCs) and tokenized deposits in his first public address. Shin, who began his four-year term after an inauguration ceremony in Seoul on Tuesday, said the central bank will advance the second phase of “Project Hangang,” a Bank of Korea-led pilot project to test a blockchain-based, wholesale CBDC system. He also pointed to international cooperation efforts, including the Agora Project, an international collaborative initiative launched in April 2024 by the Bank for International Settlements (BIS) and seven central banks to explore the tokenization of cross-border payments. Shin said these initiatives “will elevate the status of the Korean won in the digital payment environment.” Read more

Bithumb accidentally sent customers 620,000 Bitcoin instead of 620,000 Korean won in February. The Bank of Korea wants lawmakers to make it so it doesn't happen again. South Korea’s central bank says crypto exchanges should have their own “circuit breakers” that halt trading to prevent a repeat of the market fallout after Bithumb mistakenly sent more than $40 billion in Bitcoin to its customers in February. The Bank of Korea said in a payments report on Monday that lawmakers should consider introducing mechanisms similar to the Korea Exchange’s trading curbs to suspend trading if crypto prices suddenly fluctuate. “Currently, the virtual asset industry lacks internal control mechanisms and faces lower regulatory intensity compared to established financial institutions,” the bank said. Read more

A Bank of France official called for tighter MiCA rules on non-euro stablecoins as lawmakers advance reporting requirements for self-custodial crypto wallets above 5,000 euros. French officials are pushing for tighter oversight of crypto from two directions, as a Bank of France official called for stricter limits on non-euro stablecoins under the European Union’s Markets in Crypto-Assets Regulation (MiCA), and lawmakers in Paris advanced a separate reporting requirement for some self-custody holdings. Denis Beau, First Deputy Governor of the Bank of France, delivered a speech at the EUROFI High Level Seminar in March, calling on the EU to restrict the use of stablecoins for payments, particularly those pegged to non-euro currencies. Published on the Bank for International Settlements (BIS) website on Thursday, he said the Bank of France has been “pressing for a strengthening” of MiCA in this regard. Read more

A Bank of Canada staff paper found Aave V3 avoided bad debt in 2024, but said the model pushed losses onto borrowers during liquidations. A Bank of Canada staff paper found that Aave V3 reported zero non-performing loans in 2024, with overcollateralization and automated liquidations helping prevent lender losses in its Ethereum lending market. Using transaction-level data from Jan. 27, 2023, to May 6, 2025, the study found that positions were typically liquidated before collateral values fell below outstanding debt, helping contain lender losses across the sample. But the model came with a tradeoff, the paper said. While it protected lenders from unrecovered losses, it also shifted risk onto borrowers and constrained capital efficiency compared with traditional lending systems. Read more

Anchorage Bank Brings Tron Inside US Regulatory Perimeter The post Anchorage Becomes First Federally Chartered US Bank to Custody Tron Crypto appeared first on Cryptonews.

The Deputy Governor of the Bank of England said that the institution remains open to reviewing the proposed rules for pound-denominated stablecoins.

A pilot involving the central bank and major financial institutions tested whether distributed ledger infrastructure could streamline bond issuance, trading and settlement. Canada has completed a pilot program testing the use of distributed ledger technology in bond markets, culminating in the issuance of the country’s first tokenized bond, according to a Friday announcement from the Bank of Canada. The experiment, known as Project Samara, involved the Bank of Canada, Export Development Canada, Royal Bank of Canada and TD Bank Group, and explored if blockchain-style infrastructure could streamline bond issuance, trading and settlement. As part of the pilot, Export Development Canada issued a $100 million Canadian dollar ($73.6 million) bond with a maturity of less than three months to a closed group of investors. The security was issued, traded and settled on a distributed ledger platform, with payments processed using wholesale central bank deposits rather than commercial bank money. Read more

Bank of Japan to Test Blockchain Reserve Settlement The post Bank of Japan to Test Blockchain-Based Reserve Settlement System appeared first on Cryptonews.

BOJ Governor Kazuo Ueda said the experiments will examine links between blockchain systems and Japan’s existing settlement infrastructure. The Bank of Japan will conduct technical experiments using blockchain technology to settle deposits held at the central bank by financial institutions, according to BOJ Governor Kazuo Ueda.  In a speech posted Tuesday titled “The New Financial Ecosystem and the Role of Central Banks,” Ueda said a sandbox project is underway to test settlement using central bank money “in the form of current account deposits on a system that uses blockchains.” The experiments will explore “methods of connection with the existing system” and examine use cases, including “domestic interbank settlement and securities settlement.” Read more

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Bitcoin Price Prediction: Morgan Stanley Is Bringing Bitcoin Inside the Bank — Is Wall Street Going All In? The post Bitcoin Price Prediction: Morgan Stanley Is Bringing Bitcoin Inside the Bank — Is Wall Street Going All In? appeared first on Cryptonews.

Bank of America's latest market call reads less like a typical bear forecast and more like a structural warning about what happens when markets stop paying premium multiples, even if profits keep growing. The firm argues that the S&P 500 remains “statistically expensive” on 18 of 20 valuation metrics, with four near-record highs, and expects […] The post Bitcoin bulls could walk into a $1 billion liquidation trap as Bank of America warns multiples are about to compress appeared first on CryptoSlate.

UK Lawmakers have started a formal House of Lords inquiry into stablecoins, seeking evidence through March 11, as regulators draft a regime for systemic issuers. The review will weigh effects on payments, savings, market structure, and risks from shifts out of bank deposits that could reduce credit. The post UK Lawmakers Probe Stablecoins as Bank of England Warns of Deposit Drain Risk appeared first on Cryptonews.

The parliamentary inquiry comes as regulators warn that stablecoins could drain bank deposits and reshape payments. The House of Lords Financial Services Regulation Committee has opened an inquiry into proposed stablecoin rules in the United Kingdom, seeking public input on plans put forward by the Bank of England (BoE) and the Financial Conduct Authority (FCA). The inquiry will examine how stablecoins could affect traditional financial services such as banking and payments, as well as the opportunities and risks created by their growing use in the UK, the committee said in a Thursday statement. Lawmakers said the review will assess whether the regulatory frameworks proposed by the BoE and the FCA provide “measured and proportionate responses” to developments in the stablecoin market, according to Baroness Noakes, chair of the committee. Read more

Bank of Italy Governor Fabio Panetta has warned commercial banks to tokenise deposits to stay competitive as dollar stablecoins expand. He has said Europe risks dependence on U.S. payment firms, while the ECB has kept plans for a digital euro by 2029 and DLT settlement in 2026, as EU talks continue. The post Bank of Italy Chief Warns Banks Must Tokenize Money to Compete with Stablecoins appeared first on Cryptonews.

The Bank of Italy's Fabio Panetta said stablecoins can only play a complementary role in the monetary system, arguing that their stability depends on fiat currency pegs. Commercial bank money is likely to become fully digital in the future, alongside central bank money, according to Fabio Panetta, the governor of Italy’s central bank, Banca d’Italia. Panetta made the remarks on Wednesday while addressing the executive committee of Italy’s banking association. According to a report by Reuters, Panetta said both digital commercial bank money and central bank money would continue to anchor the monetary system, while stablecoins would only play a complementary role.  He added that the stability of stablecoins ultimately depends on their peg to traditional currencies, limiting their ability to function independently in the financial system. Panetta's comments came during a broader discussion on payments, financial infrastructure and geopolitical uncertainty.  Read more

Bitcoin could emerge as a long-term winner if global authorities confirm the existence of non-human intelligence, even if the immediate fallout triggers a severe financial shock. Over the weekend, reports emerged that Helen McCaw, a former senior analyst at the Bank of England, urged Governor Andrew Bailey to consider contingency planning for a scenario in […] The post Bitcoin could be your only liferaft as Bank of England experts brace for alien disclosure chaos appeared first on CryptoSlate.