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Circle Says A Central Bank Digital Currency (CBDC) Is Not Needed

In recent times, several central banks have been looking to develop a Central Bank Digital Currency (CBDC) to address the limitations of fiat currencies, especially in cross-border payments. However, Circle, issuers of the USDC stablecoin, have said the development of a CBDC is unnecessary and could produce more harm than benefits. In response to the […] дальше »

2022-5-31 16:17


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Secretary Yellen; UST Collapse Could Have Been Avoided With The Available Legal Framework

The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, particularly Treasury Secretary Janet Yellen. Testifying before the House of Representatives Financial Services Committee Thursday, Yellen brought up the issue of UST and USDT noting stablecoin issuers needed to be brought under […] дальше »

2022-5-13 13:39


Altcoin Aversion: Why Bitcoin And Stablecoin Dominance Is On The Rise

Bitcoin and the crypto market are back in the red. The first crypto by market cap records a 2% loss in the last 24-hours and could push other digital assets into critical support zones. Related Reading | Bitcoin Indicator Hits Historical Low Not Seen Since 2015 At the time of writing, Bitcoin is one of the best-performing assets in this ranking only surpassed by Binance Coin (BNB) and Ethereum (ETH), according to data from Coingecko. дальше »

2022-5-4 01:00


VeChain (VET) Sends Bearish Signals? Analyst Points Key Levels

VeChain has followed the general sentiment in the market and it’s currently trading in the green. Its 24-hour profits stand at 7. 8% with VET’s price exchanging hands at $0. 053. Related Reading | VeChain Foundation Announces New Stablecoin, Could It Create Fresh Demand For VET? In a recent video posted on his YouTube channel, analyst Justin Bennett looked into VeChain as the sell-off across the crypto market seems to slow down. дальше »

2022-1-26 01:00


Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide. дальше »

2021-10-1 18:12


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Facebook’s Diem Looking to Launch Stablecoin Pilot Later in 2021

Switzerland-based Diem Association could reportedly launch its stablecoin pilot in 2021. However, the proposed pilot would be on a small-scale.  Diem’s Dollar-Pegged Stablecoin Pilot Could Begin in 2021 According to CNBC on Tuesday (April 20, 2021), an anonymous source revealed to the news outlet that the Diem Association could conduct a dollar-backed stablecoin pilot sometimeRead More дальше »

2021-4-21 11:01