2024-10-14 14:02 |
Stablecoins open the door to a global customer base without the hassles of traditional payment systems. origin »
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Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck.
2024-5-28 03:30 | |
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The United Kingdom is poised to enact new legislation covering stablecoins and various crypto activities, including staking, trading, and custody. The forthcoming regulations, which are expected to be implemented by June or July 2024, mark a significant milestone as they bring digital assets, such as the operation of exchanges and the custody of customer funds, […]
2024-4-16 04:00 | |
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Crypto exchange OKX is reportedly delisting Tether (USDT) pairs in the EU and will only support USDC and euro-based pairs, according to a message sent to a customer on March 18. The move comes days after the EU released draft technical standards related to stablecoins, which are set to come into effect from June.
2024-3-19 00:24 | |
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Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX’s FTT tokens.
2023-10-19 11:06 | |
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U.S. stablecoin issuers might soon face liquidity, customer protection and asset reserve rules — and maybe even a deposit-insurance mandate like banks.
2021-12-31 17:14 | |
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A Canadian cryptocurrency ATM operator, Instacoin, has added stablecoins such as Tether to its machines due to high customer demand. The controversial Tether is joining the following stablecoins that investors can pull from the ATM: Both the multi-collateral and single-collateral Dai (DAI) USD Coin (USDC) Paxos (PAX) Gemini Dollar (GUSD) TrueUSD (TUSD) Instacoin Allows Buying […] The post Instacoin ATMs Add Support for Six Stablecoins Including Tether appeared first on BeInCrypto.
2019-12-13 13:32 | |
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Binance announced that it is planning to launch an open blockchain project focused on developing localized stablecoins around the world, competing with Facebook’s Libra. Reshaping the world’s financial system Over the last few years, Binance has actively communicated the need for a “global, multi-dimensional customer network and compliance system” to different regulatory authorities around the […] The post Binance Venus, a stablecoin that will compete with Facebook’s Libra appeared first on CryptoSlate.
2019-8-20 19:49 | |
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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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Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD).
2018-12-4 21:02 | |
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Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat.
2018-11-28 01:21 | |
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Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market.
2018-10-16 22:06 | |
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In a move to expand its asset offerings, Coinbase has created a new process by which anyone with a token can apply to have it listed on the platform. This news comes weeks after Coinbase said it was exploring the addition of several new assets including Stellar Lumens (XLM), Zcash (ZEC) and Cardano (ADA).
2018-9-27 01:15 | |
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HyperLiquid, the recently launched layer-1 blockchain and decentralized exchange, could outpace rivals in terms of fee generation in the next year, Syncracy Capital co-founder Ryan Watkins says. The DEX platform for perpetual futures has, in the past few days, attracted…
The National Bank of Cambodia has given commercial banks and payment firms permission to provide crypto-related services, but not for Bitcoin and other unbacked tokens. According to the Phnom Penh Post, the NBC formally declared the decision to allow banks…
In 2024, Latin America has shown surprising growth in the cryptocurrency sector. Colombia, for example, has risen to fifth place in the region of cryptocurrency adoption. However, the region’s diverse legal frameworks have created “grey areas” in the regulation and operation of cryptocurrencies throughout Latin America.
The blockchain developer ecosystem is shifting: fewer developers are entering the space, and experienced developers are dominating the work, Electric Capital’s research report shows. Blockchain developers are key to the crypto industry.
Industry leaders Ivan Soto-Wright, CEO of MoonPay, and Nancy Beaton of Uphold highlight stablecoins as a transformative 'killer use case' for the crypto industry.
Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading.…
BVNK, a stablecoin infrastructure platform founded in 2021, has announced it raised $50 million in its Series B funding round. The platform plans to use the funding to drive the next phase of its business growth, it said in a…