Articles for tag: Bank of England, Central Bank Digital Currency, cryptocurrency regulations, Digital Assets, NYDFS, regulatory cooperation, Transatlantic Regulatory Exchange

Market News

NYDFS and Bank of England Partner to Strengthen Crypto Regulation and Enhance Financial Stability

The New York Department of Financial Services (NYDFS) has teamed up with the Bank of England to launch a Transatlantic Regulatory Exchange program aimed at improving oversight of digital assets and emerging payment systems. This initiative involves exchanging experienced staff between the two regulatory bodies for at least six months, starting in February. The goal ...

Market News

Ripple’s RLUSD Stablecoin Receives NY Approval, Set to Launch on December 4, Transforming the Crypto Landscape

Ripple is set to gain approval from the New York Department of Financial Services (NYDFS) to launch its RLUSD stablecoin, marking a significant entry into the U.S. cryptocurrency Market. The anticipated launch is scheduled for December 4. This approval positions Ripple as a key player in New York’s regulated digital finance sector and the wider ...

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