Bitcoin Updates: Worldwide Regulatory Battles Intensify Amid Crypto Boom
- Global regulators intensify scrutiny of crypto as stablecoins reshape financial frameworks, prompting regulatory adjustments in Japan, France, and the U.S. - Japan's FSA proposes allowing banks to hold crypto for investment, aiming to position the country as a crypto-friendly hub amid rising onchain activity. - France rejects ECB's digital euro plan, pushing for Bitcoin reserves and relaxed capital rules to counter 1,250% buffers on crypto-collateralized loans. - U.S. sees USDC outpace USDT as Visa expan
As stablecoins and digital currencies become more prevalent, global financial authorities are ramping up their oversight of banking systems, leading to significant updates in established financial rules. Across regions—from Japan’s regulatory adjustments to France’s legislative reforms and the evolving landscape in the United States—the relationship between digital asset innovation and traditional banking is transforming requirements for capital, international payments, and institutional involvement.
Japan’s Financial Services Agency (FSA) is considering new policies that would permit banks to invest in cryptocurrencies and operate as authorized crypto exchanges. This comes after
France has adopted a more oppositional approach, as its National Assembly voted against the European Central Bank’s (ECB) digital euro plan, instead advocating for
In the United States, changes are also underway, with
Regulatory changes are also affecting capital adequacy standards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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