Here's what the regulation actually says, the distinction between eFX and virtual assets, and the practical impact for SPSAVs, payment institutions, and PSPs.

Resolution 561 explained: why eFX never included virtual assets, and what actually changes for those operating with stablecoins

Between big tech and payment processors, a week of stablecoins in consumer markets

DoorDash, Mastercard, 12 European banks, the UK and Tether advance with concrete stablecoin implementations in a single week

Debate over yield stalls legislation in the U.S., while Europe and Asia move forward with licenses, pilots, and real implementation

New use cases, regulatory pressure, and AI integration point to an increasingly distributed and functional market