2024-11-19 17:56 |
Paxos is looking to expand its presence in the European Union through a new deal for Finland-licensed e-money platform Membrane Finance. Paxos, which issues stablecoins such as Pax Dollar, PayPal USD (PYUSD), and Pax Gold (PAXG), disclosed the potential deal… origin »
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Gemini, a major exchange, seems to have caused trouble in the trading world by offering investors a good deal on stablecoins. As originally reported on TheBlockCrypto, the exchange offered a 2% discount on its own Gemini dollar (GUSD) by selling the coin at $0.
2019-1-8 21:43 | |
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Illicit crypto transactions in 2024 will likely surpass 2023’s record, while criminals pivoted from Bitcoin to stablecoin for laundering stolen wealth.
MEXC announced a $20 million allocation to Ethena’s synthetic dollar USDe and a $16 million in Ethena Labs to fund user incentives to drive stablecoin adoption. On Feb. 26, MEXC crypto exchange announced that it had allocated $20 million to…
While Africa is often seen as the cradle of crypto adoption, the largest economy on the continent, South Africa, is one of the leading countries in the region in terms of crypto adoption and regulation. The new report published by…
With new EU regulations requiring stablecoin issuers to be authorized starting in 2025, major crypto platforms like Kraken and Crypto. com are developing their own stablecoins to stay compliant and ensure smooth operations.
Digital asset marketplace Figure Markets has launched YLDS, the first yield-bearing stablecoin registered as a public security with the U.S. Securities and Exchange Commission. The stablecoin, issued through Figure Certificate Corporation, operates on the Provenance Blockchain and pays holders an…
The Japanese Financial Services Agency green lit a report detailing reforms that would ease regulations for stablecoins and crypto brokerage. According to local media CoinPost, the FSA has approved a a report from a working group recommending policy changes that,…
A UNDP official reveals the organization wants to explore how cryptocurrency can be utilized for human development whilst minimizing its financial risk. UN Assistant Secretary-General and UNDP Regional Director for Asia and the Pacific, Kanni Wignaraja wrote a blogpost on…