Financial

BoE’s Andrew Bailey Nominated to Lead G20-Crypto Supervisor FSB

Bank of England (BoE) governor Andrew Bailey has been nominated to be the next chair of the G20’s financial overseer, the Financial Stability Board (FSB). The FSB’s Nomination Committee agreed to recommend that Bailey take on the role for a three …

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Dubai Approves Circle’s Stablecoins USDC and EURC for Use in DIFC

The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.

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U.S.-Sanctioned Countries Such as Iran Leaning Heavily Into Crypto: Chainalysis

A new report from the analytics firm says that sanctioned jurisdictions and groups were responsible for 39% of illicit crypto transactions last year.

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Brevan Howard Digital Deploys $20M on Ethereum-Based Kinto in Institutional DeFi Push

The investment enables participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.

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Trump Has Made His Major Decisions on His Crypto Regulation Team, Now Also OCC

With picks at the banking agency and consumer watchdog, the field of major nominees is mostly complete, showing a deep roster of finance and federal know-how.

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Trump’s Treasury Secretary Bessent Approved, Likely Tackling Taxes Before Crypto

The new Treasury Department chief didn’t bring up crypto policy at his nomination hearing, but he’ll have enormous reach into topics vital to the industry.

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U.S. Fed’s Michael Barr to Step Down as Vice Chair for Supervision

Barr will continue to serve as a member of the Federal Reserve Board of Governors.

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