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Singapore monetary authority releases regulatory framework for G10-pegged stablecoins

The Monetary Authority of Singapore (MAS) announced a regulatory framework for single-currency stablecoins (SCS) regulated in the Asian country, according to an Aug. 15 statement. The financial regulator stated that the regulations would apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar (S$) or any G10 currency whose circulation surpasses S$5 million. дальше »

2023-8-15 11:03


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Singapore introduces visionary regulatory framework to boost stablecoins’ stability

The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new regulations would apply to issuers of single-currency stablecoins tied to the Singapore Dollar or fiat of G10 nations, with circulation surpassing $5 million. дальше »

2023-8-15 11:02


Investors Seize Opportunity In InQubeta As AI’s Billion-Dollar Buzz Takes Center Stage

A surge in the popularity of AI-centered crypto platforms is quickly becoming noticeable, marking a shift in focus for investors looking for the highest returns. With the enthusiastic adoption of AI cryptos, the crypto sector will see the benefits of AI’s multi-billion dollar buzz as investors search for the best crypto to invest in. Amidst […] дальше »

2023-8-17 03:56


Ex-Binance.US CEO Weighs In On Stablecoin Regulation, Claims A Boost For Dollar Adoption

Former Binance.US CEO and an ex-acting US Comptroller of the Currency Brian Brooks has commented on the ongoing discourse regarding stablecoin regulation in the US.  In an interview with CNBC on Friday, August 11, Brooks, now a partner at Valor Capital Group, took a stance against stablecoins opposition in the US government, saying that a […] дальше »

2023-8-12 17:50


Federal Reserve will require state banks to get written ‘non-objection’ from central bank before engaging with stablecoins

The U. S. Federal Reserve has issued new guidelines for state member banks regarding activities involving stablecoins or “dollar tokens. ” According to these guidelines, banks must secure a written non-objection from the regulator before engaging in any such activities. дальше »

2023-8-10 22:30


PayPal USD Debut: Why Its New Stablecoin Is Triggering Apprehension

PayPal has concluded an extended period of careful consideration, advancement, and setbacks to unveil its newly established stablecoin tied to the US dollar. The stablecoin, called PayPal USD (PYUSD), facilitates users in engaging in activities such as “purchasing, vending, retaining, and transferring” the token using the payment processor’s interface. дальше »

2023-8-8 12:17


Tether (USDT) Begins to Exploit Circle’s Reserves, Analyst Reports: USDC Might Be Losing the Stablecoin Battle

The world of stablecoins, digital currencies pegged to stable assets like the US dollar, has been in a state of flux. With the rise of decentralized finance (DeFi) and the increasing prominence of stablecoins, understanding the underlying mechanics and strategies of major players is crucial. дальше »

2023-8-7 14:05


Bitcoin volume falls to 3-year low as summer activity sags

Crypto volumes are sagging amid summer lull In dollar terms, the amount of Bitcoin moving on-chain is at three-year lows Trading activity commonly dies down in trad-fi markets at this time of year However, falling crypto volumes have been realised consistently over the last year, while the dropoff has been starker than other asset classes […] The post Bitcoin volume falls to 3-year low as summer activity sags appeared first on CoinJournal. дальше »

2023-8-3 13:26


Exclusive: Non-profit Glo launches stablecoin leveraging yields to alleviate extreme poverty

Nonprofit organization Glo has announced the Aug. 2 launch of Glo Dollar, a regulated stablecoin with an ambitious goal: leveraging cryptocurrency yields to lift millions out of extreme poverty. CryptoSlate spoke with Jasper Driessens, Co-Founder of Glo, about the project’s goals and how it leverages traditional finance to fund a non-profit stablecoin. дальше »

2023-8-2 08:00