2023-7-5 19:05 |
A policy paper has recently proposed the creation of a government-backed stablecoin, the HKDG, in Hong Kong to potentially compete with well-established digital counterparts, such as USDT and USDC. origin »
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The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing.
2023-6-22 21:15 | |
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Tether’s USDT stablecoin loses its $1 peg, while other major cryptos spend their day in red territory.
2023-6-16 23:42 | |
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The Digital Assets Financial Technology Inclusion Committee held a hearing on May 18 to discuss stablecoin policy. In opening the meeting, Congressman French Hill said it is the committee’s aim to put through legislation supporting stablecoins as a recognized payment method.
2023-5-19 00:52 | |
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Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed's money market.
2023-4-26 10:13 | |
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Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules.
2023-4-26 03:10 | |
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Coinspeaker Coinbase Working on Inflation-pegged Flatcoins over Its New Base Network Coinbase asked developers to work on an inflation-tracking stablecoin that can serve as a hedge to the poor monetary policy decisions of the central bank.
2023-3-28 15:30 | |
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Stablecoin issuer Circle has warned its community about a fake USD Coin (USDC) airdrop on the Twitter account of its chief strategy officer and head of global policy, Dante Disparte. The post USDC issuer Circle issues warning about hacked executive account appeared first on CryptoSlate.
2023-3-22 18:41 | |
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The Bank for International Settlements is spearheading a project that will look into tech tools that could help regulators form policy frameworks for stablecoins based on data.
2023-2-8 16:00 | |
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After Meta Platforms (META) famously riled up U.S. regulators with Facebook’s abortive stablecoin initiative, the company is back with an effort to influence digital policy – this time for the metaverse – but it’s charting a less aggressive course.
2022-12-3 18:00 | |
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Dante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment."
2022-7-19 00:34 | |
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Frax Finance is a decentralized protocol that can be thought of as a fully autonomous, on-chain central bank issuing and controlling the monetary policy of a fractional-algorithmic stablecoin called FRAX....
2022-6-4 17:02 | |
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The issuer of the second-biggest stablecoin has hired two new executives to oversee policy and operations.
2022-4-12 16:11 | |
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BTC, ETH and altcoins saw a slight pullback a day after the Federal Reserve signaled that its monetary policy is subject to cool off soon.
2021-11-5 23:20 | |
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Janet Yellen, the Secretary of the US Treasury has said that it was imperative for regulators to establish a regulatory policy for stablecoins. Stablecoin Regulation a Priority for US Authorities Yellen’s statement was revealed in a readout of the meeting held on Monday (July 19, 2021).
2021-7-20 19:00 | |
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U. S. Hiring for the Future The United States Federal Reserve (U. S. Fed) is looking for a Central Bank Digital Currency (CBDC) and stablecoin research manager. An advertisement, posted on LinkedIn, describes the position as a management role in the Digital Innovations Policy Program.
2021-1-31 21:33 | |
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According to the working group, the new regulations specifically target stablecoins: “These requirements address a range of policy objectives, including safety and soundness, countering illicit finance, end-user protection, and market integrity.
2020-12-24 15:43 | |
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Since its announcement in mid-2019, regulators have railed against Libra, arguing that the project could upend global monetary policy control protocols. Indeed, Libra’s emergence likely provided the catalyst for more serious considerations surrounding central bank digital currencies (CBDCs).
2020-12-2 20:30 | |
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Libra has not abandoned its original vision of launching a multi-currency backed stablecoin, according to the organization's Policy Director, Julien Le Goc. Speaking during the Global Digital Finance virtual summit on July 8, Julien noted that Libra's original vision, which draws inspiration from IMF special drawing fund, is still on course. “We’ve not abandoned the […]
2020-7-9 18:14 | |
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The Libra Association's head of policy said ongoing dialogues with central bankers had not dented their original ambition.
2020-7-9 19:22 | |
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In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space.
2019-12-16 18:20 | |
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Equilibrium will hold 6.5 million EOS tokens in reserve as an insurance policy for users should its stablecoin lose its peg.
2019-12-12 17:05 | |
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President Trump’s previous nomination to the Federal Reserve, Stephen Moore reportedly announced to launch a U. S. dollar pegged cryptocurrency, Frax. In a interview with Fortune, Moore mentioned that his libertarian views led him to support cryptocurrency, which according to him, is an important alternative to state-backed money.
2019-10-21 19:43 | |
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The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory challenges” before facilitating payments with its ‘cryptocurrency’ Libra.
2019-10-17 13:44 | |
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Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra.
2019-9-7 20:17 | |
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Jeremy Allaire, the CEO of Circle, the company behind the famous Poloniex exchange and the USDC stablecoin, tweeted May 22, 2019, that the company was laying off ten percent of their staff at Circle as a result of the restrictive regulatory framework in the United States.
2019-5-23 12:53 | |
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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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After placing an outright ban on all forms of cryptocurrency and distributed ledger technology (DLT) related advertisements last year, social media giant, Facebook has announced an update to its policy to enable some “clean” digital assets and blockchain related ads to fly once again on its platform, according to a blog post on May 8,Read MoreRead More.
2019-5-9 19:00 | |
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By CCN: Now that Facebook is on the cusp of rolling out its own crypto of sorts, it’s adjusting policies for existing market players to advertise on its platform – again. The world’s largest social media platform said in a blog post on Wednesday that it’s been listening to feedback since it shut down crypto advertising.
2019-5-9 04:30 | |
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In recent news pertaining to crypto exchanges, Yobit has announced a “random coin” pump for Oct. 11, the founder of Okgroup has announced Okcoin USA’s plan to launch a stablecoin, and Coinbase’s chief policy officer has predicted that the exchange will attain Japanese regulatory approval by 2019.
2018-10-11 13:00 | |
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The stablecoin market cap has reached a new all-time high of $226.8 billion, up from $132 billion in January 2024. According to data from DefiLlama, $2.43 billion in stablecoins was added in the past week alone. With a market value…
Zero Hash, a crypto and stablecoin infrastructure provider, is expanding its solution with the integration of PayPal USD. The crypto-as-a-service platform announced the integration of PayPal USD (PYUSD) on Mar.
OORT’s decentralized AI Layer1 blockchain, Olympus Protocol, has officially integrated Circle-issued stablecoin, USDC. By doing so, Olympus bridges DeAI with real-world utility. Olympus Protocol becomes the first decentralized AI-based ecosystem to integrate the USDC (USDC) stablecoin, opening the door for…
Circle, the issuer of the world’s second-largest stablecoin by market cap USDC, plans to have the first seamless bridged-to-native USDC upgrade rolled out on layer 2 blockchain Linea. In an announcement on Mar.
SBI VC Trade has become the first firm in Japan to receive regulatory approval to handle stablecoins. The exchange plans to start processing USDC transactions on March 12. According to a report by CoinDesk Japan, SBI Group’s crypto trading firm…
Ethena token unlock will release $728 million worth of tokens on March 5, adding 2. 07 billion ENA into circulation. According to data from Tokenomist, this unlock accounts for 66. 19% of its total supply.
Illicit crypto transactions in 2024 will likely surpass 2023’s record, while criminals pivoted from Bitcoin to stablecoin for laundering stolen wealth.