Standard Chartered-backed Anchorpoint prepares to launch HKDAP, Hong Kong's first regulated HKD stablecoin, before end of July with OSL and HashKey distribution.
July 18 is the GENIUS Act's rulemaking deadline for a $309B stablecoin market. Key agency comment periods run into August. Here's what it means.
Ripple receives full MiCA CASP authorization from Luxembourg's CSSF on July 6, 2026, enabling regulated crypto and stablecoin services across all 30 EEA countries.
Kenya's National Treasury proposes a 30% local bank reserve requirement for stablecoin issuers. Industry warns of higher costs and reduced market access.
Brazil's central bank proposes a 24-hour hold on stablecoin transfers of $10,000 or more sent abroad or to self-custody wallets. Rule expected October 2026.
Crossmint secures PSD2 Payment Institution and MiCA CASP authorization on July 3, 2026, becoming the first stablecoin infrastructure provider with full EU regulatory coverage.
MiCA's July 1, 2026 enforcement deadline ends all EU stablecoin transition periods. USDT faces delistings. Circle's USDC and EURC are fully authorized. No extensions.
Invesco files for the Stablecoin Reserves Onchain Fund on June 26, a tokenized GENIUS Act money market fund with Superstate as sub-transfer agent. $2.45T AUM.
Yellow Card secures Swiss AML regulatory affiliation in Lugano on June 24, 2026, giving institutional clients a single supervised entry point to its 50-market stablecoin network.
Bank of England publishes draft Code of Practice for systemic stablecoins with a £40B issuance guardrail and 70/30 reserve split. Final rules expected by end of 2026.
Wyoming Stable Token Commission targets August 20, 2026 for WYST mainnet launch, advancing the next generation of the first US state-issued stablecoin program.
Fidelity launches the Reserves Digital Fund on June 19, a GENIUS Act-aligned money market fund for stablecoin issuers targeting $1.00 NAV and 0.18% expense ratio.
State Street launches SSCXX, a GENIUS Act-aligned government money market fund for stablecoin issuers to hold reserves in US Treasuries. June 17, 2026.
Six federal agencies have 35 days to finalize GENIUS Act stablecoin rules by July 18, 2026. OCC sets $5M capital floor. FDIC confirms no deposit insurance for holders.
CoinDesk's John O'Connor argues stablecoins have scaled as digital money rather than productive capital, raising questions about yield restrictions under the GENIUS Act.
Japan's three largest banks MUFG, SMBC, and Mizuho signed an MOU on June 10 to jointly issue a yen stablecoin targeting live transactions by March 2027.
