Rain is seeking a US trust bank charter to issue stablecoins, according to The Defiant. The proposed subsidiary would hold client assets and manage stablecoin reserves, but would not accept deposits or make commercial loans.
DeFi Regulation
Rules, enforcement and court decisions that touch DeFi and stablecoins: the SEC and CFTC, US stablecoin law, MiCA in the EU and actions against protocols.
Latest
Oct 6 · 3 of 9 shownFinCEN withdrew two proposals that had hung over self-custody and crypto mixers for years without ever taking effect. CoinDesk reports the US scrapped the proposed $10,000 reporting rule for crypto sent to private wallets.
CFTC staff cleared a fast track for converting stock-index perpetual contracts, per The Defiant. Exchanges must give position holders five calendar days' notice and a chance to exit, while other material contract terms stay unchanged.
More in DeFi
Streams that already watch this field. Follow one as it is — it costs nothing extra.
Research on how DeFi works and breaks: MEV, AMM design, lending risk, oracle security and mechanism design — papers and serious forum posts with real analysis.
Real-world assets coming onchain: tokenized Treasury funds, credit and equities from BlackRock, Franklin Templeton, Ondo and others — launches, sizes and integrations into DeFi.
What the largest stablecoin issuers announce: new chains and products, reserve reports, licences and partnerships from Tether, Circle, Sky, Ethena and PayPal.