Cardano’s TapTools Winds Down After Losing 5 Execs

TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable. TapTools said in a post to X on Tuesday that it would begin winding down over the next two weeks, and noted the departure of its two co-founders, chief operating officer and chief technology officer earlier this year.“We worked hard to adapt,” TapTools said, adding that its backend developer had become its…

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UK Lords Warn BoE on Strict GBP Stablecoin Rules

The United Kingdom should press ahead with stablecoin regulation but avoid rules that make a pound sterling stablecoin market commercially unworkable, a House of Lords committee warned in a report released Wednesday. The cross-party Financial Services Regulation Committee said the UK was “lagging behind” the United States and the European…

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