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New York Banks Get Approval to List and Custody Binance USD Stablecoin

New York banks can now list and custody Binance Stablecoin, Binance USD, (BUSD) after the recent approval by the New York Financial Department of Financial Services, NYDFS. The NYDFS updated its greenlight list to include Binance USD meaning that banks can go ahead and use the asset without requiring any further approval from the regulatory […] дальше »

2020-8-9 13:48


Crypto Tidbits: Goldman Stablecoin, Dave Portnoy Wants Bitcoin, DeFi Boom

Another week, another round of Crypto Tidbits. It’s been a volatile week for the price of Bitcoin and other top digital assets. After our last Crypto Tidbits, the price of the leading cryptocurrency rallied as high as $12,200, then plunged around $1,700 in the span of five minutes in the worst crash since March 13th. Ethereum […] дальше »

2020-8-8 07:00


The Fed Fires Shots At Libra: FedNow Will Provide Instant Payments Without Bypassing Regulations

In a speech given on Thursday, Lael Brainard, the Federal Reserve governor canvassed on various financial issues in the United States and the world and the issue of stablecoin like Libra was raised. The Facebook led project that was launched last year with lots of publicity, has been said to fuel the clamor by central […] дальше »

2020-8-7 22:58


Stablecoin Staking is Finally Possible: Neutrino USD (USDN) Offers a Safer Alternative to Tether

As the market capitalization of USDT and USDC keeps rising, recent asset freezes underline their inherent risks. Will these incidents cause more investors to turn to decentralized stablecoins, such as DAI and the stakable USDN? Since the start of June, Tether’s market cap has grown by 13%, and that of USDC Coin has finally crossed the $1bn mark. дальше »

2020-7-31 16:06


Blockchain Betting Market, Augur V2, Officially Launches Integrating Dai and DeFi Tools

In a blog post this Tuesday, Augur, a blockchain predictions market, announced the launch of its upgraded REPv2, which comes five years since the launch of v1. The new upgrades, though delayed, introduce a host of new features on the platform, including a faster and bugless platform, introduction of DAI stablecoin to the markets, DeFi […] дальше »

2020-7-29 15:45


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Cryptocurrency Exchange CEX.IO Adds New USDT/GBP Trading Pair

LONDON, the United Kingdom – CEX. IO, one of the largest international exchanges on the cryptocurrency market, announces support for a new USDT/GBP trading pair on its exchange platform. As a result and amid rising interest in the stablecoin on the cryptocurrency exchange platform, UK citizens can now use their national fiat currency to purchase USDT […] The post Cryptocurrency Exchange CEX. дальше »

2020-7-29 14:55


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Why Analysts Think It’s Time To Go Long On Bitcoin

The secret to breaking bitcoin’s sideways price movement is to call it a stablecoin, the crypto community has learned. The community is currently buzzing with activity and excitement, as bitcoin broke out from its below $9200 resistance to reach $9500 and is currently trading green at a little below $9600. With much speculation and analysis […] дальше »

2020-7-26 18:52


DeFi ‘Farming Craze’ Pushes Stablecoin DAI to Raise Debt Ceiling to 345 Million

The Ongoing DeFi boom has the Maker community voting for increasing the debt ceilings for DAI. “The farming craze has taken another turn with the start of YFI farming. Until long term solutions are put in place, the community may want to consider increasing the ETH and USDC-A debt ceilings,” reads the team’s statement. This […] дальше »

2020-7-24 16:30


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Avanti Bank Charter & ‘Stablecoin Disruptor’ Fast-Tracked Following OCC Decision

The Wyoming Division of Banking regulators has accelerated the banking application charter for crypto influencer Caitlin Long’s Avanti project. The decision to fast-track Avanti Bank came in the wake of the Office of the Comptroller of the Currency (OCC)’s recent decision to allow banks to provide cryptocurrency custodial services. дальше »

2020-7-24 00:06


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eToro: Stablecoin Adoption Upsurge Driven by Remittances and Fiat Inflation

While media coverage focuses on Bitcoin, stablecoins are halving a field day in Q2 as the primary go-to option for remittances and hedging against fiat money inflation. A new report by the crypto trading platform, eToro in partnership with The Tie stated that stablecoins have become a safe haven for both businesses and individuals for two […] дальше »

2020-7-24 16:44


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Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value

The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows that tether’s daily transaction value is set to eclipse bitcoin’s […] The post Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value appeared first on Bitcoin News. дальше »

2020-7-23 11:30