Stablecoins: Fundamentals, Emerging Issues, and Open Challenges

Stablecoins, with a capitalization exceeding 200 billion USD as of January 2025, have shown significant growth, with annual transaction volumes exceeding 10 trillion dollars in 2023 and nearly doubling that figure in 2024. This exceptional success has attracted the attention of traditional...

New SEC Rules around Cybersecurity Incident Disclosures

The US Securities and Exchange Commission adopted final rules around the disclosure of cybersecurity incidents. There are two basic rules: 1. Public companies must "disclose any cybersecurity incident they determine to be material" within four days, with potential delays if there is a national...