Stablecoins are on track to reach $1.5 trillion in quarterly adjusted transfer volume by the end of 2027 at current growth rates, according to the report.
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The amendment would make swapping crypto into euro or dollar stablecoins taxable in France from 2027, with gains measured coin by coin.
The move comes amid South Korea's regulatory developments to establish a framework for Korean won-denominated stablecoins.
Buyers fund contracts in USDC and cannot exit before expiry. US and UK residents are among those excluded.
An amendment to France's 2027 budget passed the National Assembly 38 to 37 on Oct. 16, but it still has to survive the rest of the budget process before any swap into a stablecoin is...
The Brale-issued token can be minted with USDC from eight networks and is designed to settle tokenized stocks and other assets on tx.
FINMA approved Switzerland's first retail bitcoin ETF, following earlier crypto ETP listings and a fund restricted to qualified investors.
