Paper argues that stablecoins need bespoke rules to address their novel risks
Private crypto can't pass the test to serve as the new backbone of the global monetary system
Cooperation with regulator pays off in smaller penalty
U.K. regulator proposes prudential, custody rules, stablecoin regulation
Firms would be restricted from providing lending products to retail investors
Money market ETFs, tokenization threatening to shake up sector
The cryptoassets are used for commercial purposes, not as investments, regulator says
Ransomware on the decline, fraudsters turning to AI for help
Group aims to identify challenges with implementing global framework