Sarb to lead South Africa's digital financial future with cryptoassets and stablecoins

🇺🇾 Uruguay hosted the 11th edition of the P2P Financial Systems International Workshop (P2PFISY), which brought together central bankers, academics, technologists, and entrepreneurs from Latin America and beyond. The workshop was supported by the Central Bank of Uruguay (BCU), the Faculty of Economic and Administrative Sciences (FCEA) at Universidad de la República, and the Exponential Science Foundation. During the event, digital economist Paolo Tasca highlighted the country’s stability, institutional framework, and progress in digital inclusion as key reasons for choosing Montevideo as the host city. From the BCU, Patricia Tudisco presented regulatory advances in crypto assets, including Law 20.345 and a draft regulation currently under consultation. “When you come to invest, you look for a clear legal framework and stability. Uruguay is on the right path,” Tasca concluded. Full article here ➡️ https://bit.ly/46RhJBb

Joey Garcia, Xapo Bank’s strategy chief, highlights how robust US regulation and Gibraltar’s agile policies drive crypto adoption. Asia competes fiercely, while the EU and UK play catch-up. ➡️ https://lnkd.in/evx_YpxV ⬅️

In its latest report, Sarb said that ‘the rapid growth in digital assets and distributed ledger technology presents both opportunity and risk for South Africa’s financial system’. 

Could this be Europe’s answer to the dominant dollar domination of #stablecoins? Nine European banks are teaming up to mint a MiCA-compliant euro stablecoin. 🔹 The banks: ING, UniCredit Group, CaixaBank, SEB, KBC Bank & Verzekering, Danske Bank, DekaBank, Banca Sella, Raiffeisen 🔹 Their aim: a euro-denominated stablecoin built under the EU’s MiCA framework 🔹 What it promises: near-instant, low-cost payments; programmable money; 24/7 cross-border settlement 🔹 Structure: a new company in the Netherlands; seeking license & supervision by Dutch central bank as an e-money institution 🔹 Timeline: target issuance in H2 2026 🔹 Importance: a strategic counterweight to USD-backed stablecoins, bolstering European payments sovereignty This move could mark a turning point in financial infrastructure — from fragmented rails toward regulated, bank-backed digital euro rails. My questions: - If major banks control this infrastructure, how decentralized will it truly be? - Could this undercut ambitions of DeFi-native stablecoins? - And will this push inspire similar sovereign-backed stablecoin efforts in other regions or create competition for similar initiatives (e.g. AllUnity or Societe Generale)?

🇬🇧 🇺🇸 TODAY: UK to strengthen ties with US on cryptocurrencies and digital assets, with the deal expected to specifically include stablecoins and closer regulatory alignment, FT reports.

🇬🇧 🇺🇸 TODAY: UK to strengthen ties with US on cryptocurrencies and digital assets, with the deal expected to specifically include stablecoins and closer regulatory alignment, FT reports.

An increasing number of Singapore’s private wealth investors are now either investing in crypto assets or would do so if offered by their financial provider. However, private banking participation remains low, with most transactions still occurring on exchanges. Read the full article: https://hubs.la/Q03L6WkS0

#Breaking #Stablecoins are the spicy dish on finance ministers’ table at their #Eurogroup meeting today. European Commission is asking them whether the EU should do more to boost stablecoins denominated in euros to answer the U.S. cryptoccurrency boom and what it should do concretely. Ahead of today's Eurogroup the finance ministers of the member states will discuss the Commission’s publication for further measures to boost stablecoins denominated in euros, in response to the US administration's stance on this sector. Furthermore, the member states will have to decide whether to allow private firms to take the initiative and amend EU legislation, which could potentially apply to the Markets in Crypto Assets (#MiCA) Regulation, as well as urge central banks to deliver a wholesale central bank digital currency (#CBDC). ‼️Tokenization Takes on Financial Services and Capital Markets https://lnkd.in/eeQwQdix

UK to limit stablecoin ownership? Here’s why that’s a big mistake — and why Dubai is winning the crypto race. The UK’s proposal to restrict access to stablecoins is a clear signal: innovation isn’t the priority. While regulators claim it's about consumer protection, the real impact is simple....... it kills experimentation, deters capital, and pushes talent elsewhere. Meanwhile, Dubai continues to lead with clarity, access, and regulatory frameworks that welcome crypto founders and Web3 builders. Stablecoins aren’t just another digital asset, they’re the infrastructure of next-gen finance. Limiting them limits the future. This is why so many crypto entrepreneurs are choosing Dubai over the UK and why global innovation will follow them. https://lnkd.in/eEJAed9u #Crypto #Stablecoins #Web3 #Dubai #DigitalAssets #UKRegulation #CryptoPolicy #InternationalStructuring #JoeDavid #Nephos #Myna

🚀 Reflections from the 1st DNB Digital Asset Summit 2025 🪙 Today, I had the privilege of attending the inaugural DNB Digital Asset Summit 2025 in Bjørvika, Oslo — a truly eye-opening experience that brought together thought leaders, innovators, and practitioners from across the financial and tech sectors. The summit offered a deep dive into how digital money, tokenised assets, and crypto are reshaping global finance. From bold moves by global players to DNB’s own strategic positioning, the sessions were packed with insights and inspiration. 💡 Key Takeaways: 1) The intersection of traditional banking and decentralised finance is no longer theoretical — it’s happening now. 2) Tokenisation is emerging as a powerful tool for liquidity, transparency, and efficiency across asset classes. 3) DNB’s commitment to innovation was evident, with internal initiatives and partnerships showcased to support the next wave of digital transformation. 4) Stablecoins, Tokenised Deposits and CBDC's will be the future in payments industry. 🎯 For me as a DNB employee, the summit reinforced the need to stay agile, informed, and collaborative as we navigate this evolving landscape. It’s clear that digital assets are not just a trend — they’re a cornerstone of the future financial ecosystem. Thanks to DNB DNB Carnegie DNB Markets and the organising team for a fantastic event! Looking forward to contributing to this exciting journey ahead. #DigitalAssets #Crypto #Tokenisation #Innovation #DNB #Fintech #DigitalTransformation #OsloSummit