Another bank–blockchain MOU lands with little market reaction, as investors wait for proof that stablecoin settlement can clear regulatory and operational hurdles.
Island's Virtual Asset Service Act brings VASPs under full licensing regime and sets reserve-back rules for stablecoins, with seven-category permission structure replacing light-touch AML registration
Circle shares fell as much as 17.55% on Tuesday, their worst session in months, as Coinbase – Circle's own USDC distribution partner – signed on to the rival, partner-owned token.
