Coinbase to Halt GYEN Transfers, Convert Balances to USDC
Coinbase will halt all transfers of GYEN, a Japanese yen-pegged stablecoin, on October 26, 2026, and will convert any remaining user balances into USD Coin (USDC) at prevailing market rates.
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Regulation
News, analysis, and explainers connected to Regulation across the CryptoCompass archive.
Latest Regulation Stories
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Israel Eyes Blockchain as a Sanctions Escape Hatch
Key Takeaways Netanyahu: Israel must organise a “bypass economy” No token, network or timeline named yet UK plans action on services financing settlements OFAC: crypto carries the same sancti
Zebec and Stellar are driving corporate payrolls worldwide
@Zebec_HQ is using the @StellarOrg network to process corporate payrolls worth more than $5 million across more than 20 active corporate wallets. The platform streams salaries automatically a
HSBC Makes its Biggest Retail Stablecoin Play Yet
HSBC (@HSBC) has launched RedCoin, its first Hong Kong dollar stablecoin, through its PayMe platform. The token, which carries the ticker $RCHKD, is the bank's most visible move yet into reta
InterLink opens up KYC for all
InterLink Network is updating its compliance framework to allow minors under 18 to complete know-your-customer (KYC) verification for participation in the network's native $ITLG token. The ch
Stellar Facilitates 24/7 Institutional Use Case
@AscendFi Markets and @M1XGlobal have completed the first institutional repurchase agreement (repo) on the @StellarOrg blockchain, using a tokenized sovereign bond as collateral. The trade ra
BlackRock Transfers over $300M in BTC and ETH to Coinbase Prime
Wallets linked to @BlackRock's exchange-traded funds sent $355.63 million worth of Bitcoin ($BTC) and Ethereum ($ETH) to @Coinbase Prime within a two-hour window on October 23, according to o
China is going onchain but may not support XRP and other assets...
China plans to largely complete a national blockchain network by 2030, but the infrastructure is not expected to support public cryptocurrencies such as $XRP or $BTC. Beijing continues to pro
Cosmos USDC is moving to Injective, and the first Noble deadline lands next week
Circle has stopped minting new USDC on Noble, the chain that has issued the stablecoin for the Cosmos ecosystem, and the first deadline for holders arrives next week. Cosmos is shifting to a
Hong Kong broker Futu now lets clients move BNB in and out
Nasdaq-listed brokerage Futu has opened $BNB deposits and withdrawals for eligible professional investors in Hong Kong, allowing clients to move the token between self-custody wallets and Fut
US banks have stablecoin rules now, and Quant Network wants in
US banks now have a final federal rulebook for stablecoins, and Quant Network is positioning itself as the connective layer between that new framework and the payment systems banks already us
Crypto Tax Reform Gains Urgency as CLARITY Act Falters
The Blockchain Association (@BlockchainAssn) is calling on Congress to fix unclear crypto tax rules while the CLARITY Act remains stalled. The industry group says existing rules are difficult