Macro & geopolitics

JPYC stablecoin falls short of targets in first year, CEO says

Our summary: JPYC's CEO says the stablecoin missed its growth targets during its first year.

Over one-third of OKXICE’s tokenized share targets opt out

Our summary: More than a third of the companies targeted by OKXICE for tokenized shares have opted out, highlighting resistance to the initiative.

US regulator flags tokenization risk as Asia pushes digital money

Our summary: The SEC has identified tokenization as a high-risk area for 2027.

Who Gains From Ripple’s New Bank Charter? XRP Holders May Be Last in Line

Our summary: Ripple received final OCC approval to establish a national trust bank covering reserves for its $2.5 billion RLUSD stablecoin.

Janus Henderson launches first tokenized fund licensed to track the Nasdaq-100

Our summary: Janus Henderson has launched JQQQ, described as the first tokenised fund licensed to track the Nasdaq-100.

Janus Henderson, Nasdaq

Canada opens consultation on stablecoins, citing US GENIUS Act

Our summary: Canada has opened a public consultation on a proposed stablecoin framework covering tokens issued by non-financial institutions.

Canada opens stablecoin consultation

Our summary: Canada’s government has opened a 60-day public consultation on proposed stablecoin rules.

Canada’s Draft Stablecoin Rules Uphold Ban on Yield Payments

Our summary: Canada has opened a 60-day consultation on draft stablecoin rules, with submissions closing Dec.

OCC Encourages Community Banks to Consider Developing Payment Stablecoin Capabilities

Our summary: The Office of the Comptroller of the Currency encouraged community banks to consider building payment stablecoin capabilities.

OCC

OCC urges US community banks to become stablecoin issuers before January 2027 deadline

Our summary: The OCC is encouraging US community banks to issue stablecoins ahead of a January 2027 deadline.

OCC

Canada s Stablecoin Draft Allows Usage Rewards, Bars Issuers Paying Yield via Third Parties

Our summary: Canada’s Department of Finance has proposed stablecoin rules that permit usage rewards but prohibit issuers from paying yield through third parties.

OCC calls on community banks to enter the stablecoin payments market

Our summary: The U.S.

OCC

Canada opens consultation on stablecoin rules, keeps the yield ban in place

Our summary: Canada has opened a consultation on stablecoin rules while retaining a ban on yield.

Canada opens consultation on draft stablecoin rules, maintains ban on yields

Our summary: Canada has opened a consultation on draft stablecoin regulations that retain a ban on yields.

OCC Encourages Community Banks to Become Stablecoin Issuers

Our summary: The OCC is encouraging community banks to issue stablecoins.

OCC

As ESMA shuts door on unlicensed stablecoins, is Tether looking for the EU entrance? - Ledger Insights

Our summary: The headline points to ESMA tightening restrictions on unlicensed stablecoins and raises the question of whether Tether is seeking access to the EU market.

ESMA, Tether

The missing cash leg of tokenization is being built

Our summary: Qivalis has secured approval to issue a euro stablecoin.

UK FCA Eyes Bespoke Rules and Fund Exemptions for Tokenized Gold - CoinMarketCap

Our summary: The UK Financial Conduct Authority is considering tailored rules and fund exemptions for tokenised gold.

FCA