Germanyβs central bank president touts stablecoin and CBDC benefits for EU
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Joachim Nagel said euro-pegged stablecoins would offer the bloc more independence from US dollar-pegged coins soon to be allowed under the GENIUS Act.
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Joachim Nagel said euro-pegged stablecoins would offer the bloc more independence from US dollar-pegged coins soon to be allowed under the GENIUS Act.

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The addition is the first crypto company to be licensed by the Securities and Futures Commission since June 2025, when the regulator approved Hong Kong BGE.
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The management company behind the universityβs $56.9 billion endowment opened a new position in BlackRock's spot Ether ETF, while reducing its Bitcoin ETF stake by 21%.
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The US House of Representatives approved a bill on Tuesday that will fund most of the government through the end of September.
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The crypto company reported significant net losses to its balance sheet in 2025 due in part to βlower digital asset prices and approximately $160 million of one-time costs.β
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Pedro SΓ‘nchez announced that Spain would implement several changes to laws impacting social media platforms starting next week, with potential criminal liability for executives.
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The meeting came more than two weeks after the Senate Banking Committee postponed a markup on the CLARITY Act, adding that everyone βremains at the tableβ to work on the bill.
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The blockchain security auditor said violence against wallet holders was a βcore threat vector in the crypto ecosystem,β reporting a significant increase from 2024 to 2025.
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Five New York officials reportedly said Tether and Circle had been incentivized to not work with law enforcement, allowing them to profit off crimes involving stablecoins.
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The commission also singled out Hungary for failing to comply with the EU's MiCA framework after an amendment to a local law.
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Brian Armstrong made the media rounds before and after he announced Coinbase was pulling its support for a major US crypto bill, reportedly facing off with Jamie Dimon in Davos.
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An official said that Hong Kong authorities would work on a draft framework, and had begun processing license applications for stablecoin issuers and addressing crypto taxes.