BCB Group partners with Circle to service institutional demand for USDC stablecoin payments, clearing & custody

Digital asset financial services group BCB Group and Circle, a global financial technology firm, have formed a new partnership that will see BCB implementing the full range of Circle platform functionality to improve the speed, efficiency and cost of client payments and settlement across select parts of BCB Group.

Stablecoins and crypto-assets need to be covered by common taxonomy , urges The World Federation of Exchanges, urges The World Federation of Exchanges

The World Federation of Exchanges, the global industry group for exchanges and CCPs, is calling for a response to the growth of stablecoins by developing a common taxonomy that would also cover crypto-assets more broadly. This would create consistent and common regulatory classifications before they fragment further, rather than trying to fix differences after the fact.