2023-4-19 00:29 |
Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance.
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The Bank of England's Deputy Governor has issued a warning that regulators may need to limit the use of stablecoins. The post Financial Stability at Risk From Crypto Stablecoins, Says Bank of England Official appeared first on BeInCrypto.
2023-4-18 00:27 | |
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The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”
2023-4-17 10:30 | |
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“We need more transparency over the reserves of these stablecoins, which I think we’re going to see,” Clara Medalie said.
2023-4-15 15:56 | |
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“We need more transparency over the reserves of these stablecoins, which I think we’re going to see,” Clara Medalie said.
2023-4-14 15:56 | |
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The central bank governor also said regulators can't rule out central bank digital currencies.
2023-4-13 18:03 | |
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DeFi should incentivize users for the industry to sustainably grow. Fluidity Money allows users to earn rewards by wrapping their stablecoins.
2023-3-3 13:00 | |
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Circle CEO Jeremy Allaire recently stated that stablecoins should not be regulated by the SEC. Allaire believed that stablecoins should fall under the purview of banking regulators. Jeremy AThe post Stablecoins need better regulators than SEC: Circle CEO appeared first on AMBCrypto.
2023-2-24 14:30 | |
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Jeremy Kronick and Mark Zelmer argue in a new report that stablecoins need “a comprehensive regulatory framework. ” The two work with C. D. Howe Institute, a leading Canadian think tank keen on raising living standards for the ordinary people by advocating for sound public policies.
2023-2-17 20:29 | |
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Regulation can make consumers more comfortable using cryptocurrency The sector needs more regulation on stablecoins and spot markets Crimes like FTX (fraud) don’t need to be addressed by modern policy Proper crypto regulation could attract more consumers, says Kristin Smith of the Blockchain Association, an entity that advocates for peer-to-peer technology that puts power in […] The post Blockchain Association: FTX was an “old-fashioned” crime appeared first on CoinJournal.
2023-1-4 15:37 | |
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Bank of Canada (BOK) just released a statement on the need for regulating stablecoins pegged to a centralized fiat currency. One of the main reasons for this decision is the high demand for crypto assets in the North American country.…
2022-12-20 11:40 | |
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Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require that the digital tokens fit in without disrupting it, said Martin Gruenberg, the acting chairman of the Federal Deposit Insurance Corp.
2022-10-21 17:00 | |
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Anti-fraud measures might need to go wider, committee members considering new stablecoin laws heard from private sector witnesses
2022-10-20 19:50 | |
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The definitive guide to the top stablecoins in use today. What Are Stablecoins? A stablecoin is a blockchain-based token that is designed to stay at an equal value, typically that...
2022-10-10 15:20 | |
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Is the Lightning Network bitcoin’s killer app? It might be, but it still has a long road ahead. One of the stops on that road is the possible inclusion of stablecoins. Does bitcoin need them? Aren’t there inherent counterparty risks with those? The debate over those questions rages on.
2022-8-9 10:40 | |
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The Terra/Luna debacle does not signal the crash of crypto; it does signal the urgent need for compliant DeFi protocols and stablecoins. Many people will claim crypto is crashing whenever a bear market occurs.
2022-8-4 22:27 | |
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As long as stablecoin “liquidity is growing proportionally with each other," there won’t ever be true competition between stablecoins, says Frax Finance's Sam Kazemian.
2022-7-25 05:41 | |
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Let’s wrap Bitcoinist’s coverage of the Oslo Freedom Forum with controversy. In this last edition, two stablecoins proponents and an extremely confused journalist make their cases. Alex Gladstein, the Human Rights Foundation’s Chief Strategy Officer, has been a big proponent of stablecoins over the Lightning Network.
2022-7-16 09:13 | |
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Does the world need Euro Coin? There are already stablecoins pegged to the Euro in the market. The difference here, however, is Circle. As the issuer of the well-regarded USDC, they have the reputation, the know-how, and the clientele to make this happen.
2022-6-17 22:47 | |
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Anthony Ng is the Founder and CEO of Metalend, a decentralized lending and borrowing protocol for fiat-backed stablecoins. The future of Defi cannot be built by USD stablecoins alone, users need access to their local currencies to live life.
2022-6-13 03:10 | |
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The recent LUNA crash calls for the need for clear, consistent, and iterative audits for all crypto assets, especially stablecoins, according to Wall Street Blockchain Alliance advisory board chair Sean Stein Smith.
2022-5-31 23:00 | |
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The UST debacle has highlighted the need for thoughtful policy on stablecoins and beyond. U.S. regulators have a rare opportunity.
2022-5-28 01:17 | |
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“What we need is not stablecoin boosterism or stablecoin doomerism, but rather a return to principles-based thinking,” Vitalik Buterin emphasized.
2022-5-28 08:29 | |
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The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure.
2022-5-14 08:21 | |
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Established stablecoin trading pairs have struggled to keep stable on crypto exchanges around the world. Here are the updates as the situation evolves.
2022-5-13 16:24 | |
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Janet Yellen said it would be “highly appropriate” to aim for “a consistent federal framework” on stablecoins by the end of 2022 in the U.S., given the growth of the market.
2022-5-11 19:34 | |
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The acting chief of the Office of the Comptroller of the Currency has claimed that stablecoins should be given a common standard similar to the way that certain web practice...
2022-4-28 00:34 | |
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Stablecoins should have the same kind of standard-setting initiative previously seen in setting up common web practices in the early days of the internet, said Acting U.S. Comptroller of the Currency Michael Hsu.
2022-4-27 17:44 | |
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A new report from consulting firm Ernst&Young highlights the need for bank policy changes to address the challenges posed by central bank digital currencies and stablecoins.
2022-1-19 15:12 | |
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A new report from EY highlights the need for a policy change for banks to overcome business uncertainties regarding digital assets.
2022-1-18 12:19 | |
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A new emerging economy, which includes blockchain-native tokens, digital tokens, stablecoins and CBDCs, requires interoperable blockchain standards.
2021-12-6 19:19 | |
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This week, ETH price came within 2% of a new all-time high before U.S. lawmakers announced a hearing to discuss stablecoins and the need for eventual regulation.
2021-12-3 01:20 | |
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Jerome Powell did say that stablecoins are “outside the regulatory perimeter” and need to be regulated. The post The United States has “No Intention to Ban” Bitcoin or Cryptocurrency, Confirms Fed Chair first appeared on BitcoinExchangeGuide.
2021-10-1 16:26 | |
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Facebook’s foray into blockchain technology has hit a major stumbling block after clashing with regulatory authorities. The need to curb the growing influence of stablecoins and Facebook’s existing controversies are among the reasons for the slow pace of progress of the Diem project.
2021-9-15 18:15 | |
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With the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need.
2021-8-20 16:47 | |
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While stablecoins could serve as an attractive payment instrument that could become a major challenger to banks for processing payments, Christopher J. Waller believes, “there are many legal, regulatory, and policy issues that need to be resolved before they can safely proliferate.
2021-8-7 16:09 | |
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Federal Reserve Chairman Jerome Powell on Wednesday came out strongly supporting a digital dollar, saying it could undercut the need for cryptocurrencies and stablecoins. When asked during the congressional hearing if having a digital currency issued by the central bank would be a more viable alternative than cryptos in the payments system, Powell agreed and […] The post You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin first appeared on BitcoinExchangeGuide.
2021-7-15 16:35 | |
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Denmark, 14th July, 2021. e-Money is thrilled to announce that they are integrating with the Polygon Network in Q3, 2021. Recently, acceptance of cryptocurrency payments and blockchain technology has been exponentially increasing throughout online platforms, as well as physical assets, solidifying the need for more stablecoins in other currencies.
2021-7-15 12:00 | |
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Powell stated that stablecoins need stricter regulations if they are to be part of the payment universe.
2021-7-15 00:54 | |
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In order to go beyond the crypto ecosystem, stablecoins need solid regulations, Paxos CEO Charles Cascarilla said.
2021-6-24 12:23 | |
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John Glen, Britain’s minister in charge of the financial services sector, has set forth… The post Britain’s City Minister says stablecoins need regulation appeared first on Coin Journal.
2021-3-31 14:35 | |
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Meanwhile, the central bank isn’t feeling the “urge or need to be first” on CDBC's as they already got the first-mover advantage with the U.S. dollar being the reserve currency. The post Jerome Powell: Fed is Studying Risks of Stablecoins As A ‘Very High Priority’ first appeared on BitcoinExchangeGuide.
2021-1-16 20:46 | |
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Persistent price volatility in Bitcoin (BTC) price action and other similar cryptocurrencies indicates a potential need for stablecoins and other less volatile digital currencies. Fundamental analysis: Altcoins may prosper Bitcoin has been on a frenzy over the past year, however, its high volatility and the need for less volatile cryptocurrencies are being mentioned again among […] The post Chiliz (CHZ), Curve DAO (CRV), TomoChain (TOMO) price analysis appeared first on Invezz.
2021-1-15 19:24 | |
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The need to regulate global stablecoins like libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper.
2020-11-25 12:31 | |
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Stablecoins are hotter than ever, with Tether’s trade volume surpassing Bitcoin’s by 55% in the past 24 hours. Led by surges in the USDC and USDT, the total number of stablecoin daily active addreThe post Will there be a need for stablecoins, once CBDCs are out appeared first on AMBCrypto.
2020-10-23 21:30 | |
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Coinspeaker Multi-Asset Brokerage eToro Launches GoodDollar to Issue Stablecoins as Form of Universal Basic IncomeNamed GoodDollar, eToro's project creates an ongoing money flow of basic income for users and aligns incentives between those in need as well as enables any human alive to receive and support a small daily income in G$ coin.
2020-9-9 09:37 | |
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So-called stablecoins have been tanking in bitcoin terms lately. Should we be calling them "crypto-dollars" instead?
2020-8-11 14:46 | |
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The European Central Bank looks at stablecoins as key instruments that can help consumers meet demand in the payments services, but wants regulators to be proactive in addressing regulatory gaps that can pose risks.
2020-5-7 12:33 | |
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Famous investor and the head of Galaxy Digital Mike Novogratz claims Telegram team should dedicate time to integrating with Bitcoin and stablecoins. And the idea of making yet another blockchain? Not bad, but not perfect.
2020-5-1 21:49 | |
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Mike Novogratz argues that Telegram app should integrate Bitcoin and stablecoins instead of creating the TON and Grams
2020-5-1 20:30 | |
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U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is "not a security" but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.
Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress before the year is out.
Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount.
Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount.
The crypto industry has – with the addition of another $25 million from Coinbase Inc. on Monday – amassed one of the largest stockpiles of campaign cash in U.S. politics.
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U. S. congressional resolution to overturn the U.
While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.