2023-4-19 17:29 |
Here are the key issues as the House Financial Services Committee hears testimony about stablecoin regulation. origin »
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Davos Protocol is a low-risk, yield-generating, stable asset-driven DeFi ecosystem that addresses the issues of transparency, capital inefficiencies and increasing centralization currently prevalent in the stablecoin space.
2023-3-29 13:18 | |
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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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Crypto exchange Coinbase reportedly offered a $3 billion credit line to Circle, the crypto company that issues the USD Coin (USDC) stablecoin, in an effort to bring the stablecoin back to its $1 peg.
2023-3-21 09:52 | |
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After the weekend’s depegging of the stablecoin, Circle, which issues USDC, has declared that substantially all the minting and redemption backlogs have been resolved. The post Circle says substantially all USDC minting, redemption backlogs are resolved after wild week appeared first on CryptoSlate.
2023-3-17 23:01 | |
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MakerDAO's RWA holdings led to profits amid stablecoin market issues. Protocol maintains stability but faces a decline in unique users. The stablecoin market faced a significant challenge asThe post MakerDAO: How RWA holdings contributed to profits amidst stablecoin saga appeared first on AMBCrypto.
2023-3-16 10:30 | |
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Circle managed to move reserves of USD Coin (USDC) stablecoin out of collapsing banking heavyweight
2023-3-5 19:29 | |
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Binance USD (BUSD) has suffered a significant loss of about 43% of its market cap value in the last 3 weeks following a regulatory crackdown by U. S. authorities. BUSD is a popular token issued by the Paxos Trust Company, and it serves as the native stablecoin of the Binance exchange.
2023-3-3 21:30 | |
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Per a report from Bloomberg, crypto exchange Binance’s recent issues with U. S. regulators were triggered by Circle. The company behind stablecoin USD Coin (USDC) allegedly issued a complaint to the New York State Department of Financial Services in 2022.
2023-2-14 23:19 | |
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Binance Coin price fell amid news around Paxos and its stablecoin BUSD BNB traded to lows of $284, extending intraday declines from highs of $321 as uncertainty engulfed the stablecoin. Paxos, which issues and handles BUSD redemptions, announced it had halted its relationship with Binance.
2023-2-14 21:49 | |
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Paxos has also halted the minting of new BUSD tokens as ordered. Existing BUSD will however remain fully-backed and redeemable via Paxos until at least February 2024 Binance CEO says exchange will continue to support BUSD Paxos, the blockchain and tokenization platform that also issues the stablecoin Binance USD (BUSD), has announced it is terminating […] The post Paxos terminates relationship with Binance as it halts BUSD issuance appeared first on CoinJournal.
2023-2-13 15:35 | |
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Binance’s BUSD stablecoin market cap has dropped by $2 billion in January after the reveal of a poor management instance. According to crypto price tracker CoinGecko, the market cap of BUSD decreased to $15.
2023-1-26 15:11 | |
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Key Takeaways Circle issues the USDC stablecoin, the world’s fifth largest cryptocurrency with a market cap of $44 billion Circle announced plans to go public in July 2021 at $4.5 billion valuation This valuation doubled to $9 billion last February, but deal was cancelled in December Crypto needs more public companies to establish legitimacy, our […] The post Crypto needs more public companies – collapse of Circle IPO indicative of industry troubles appeared first on CoinJournal.
2023-1-26 14:42 | |
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In a move towards improving capital efficiency, Platypus Finance is launching USP, a protocol-native stablecoin that will also address many collateral issues associated with stablecoins.
2022-12-25 14:00 | |
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The Jewel USD stablecoin will be launching on Polygon.
2022-12-13 19:00 | |
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Crypto exchange Coinbase wants its users to switch their USDT for USDC. The company calls USDC the trusted and reputable stablecoin. Coinbase is a co-founder of Circle, the company that issues the USDC stablecoin.
2022-12-9 14:31 | |
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WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token.
2022-12-9 21:01 | |
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Korean regulator issues warning on Waves' USDN
2022-12-9 17:51 | |
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Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin issuer said in an announcement on Monday that the Board of Directors of both Circle and Concord had approved the cancellation.
2022-12-6 18:24 | |
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The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency.
2022-11-17 00:45 | |
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The FDIC expressed his trust in stablecoins as a possible means of payment and urged regulators to better oversee the stablecoins. According to the chair, stablecoins hold characteristics that could bring issues such as money laundry to an end.
2022-10-21 19:00 | |
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The financial regulator admits it’s high time to shift the focus from the KYC/AML issues to more nuanced risks, poised by stablecoins.
2022-8-3 13:35 | |
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United States Treasury Secretary Janet Yellen met with Bank of Japan Governor Haruhiko Kuroda to discuss several multilateral financial regulatory issues, including stablecoins, Reuters reported. The post Stablecoin rules among topics discussed during Janet Yellen’s meeting with Japanese officials appeared first on CryptoSlate.
2022-7-15 22:00 | |
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The President’s Working Group on Financial Markets discussed issues that should be addressed by stablecoin legislation in a meeting Thursday.
2022-7-1 21:20 | |
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Researchers at Russian bank VEB suggested the country issues a gold-backed stablecoin for international payments to evade sanctions.
2022-6-23 18:45 | |
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The TRON stablecoin USDD is meant to track the price of the dollar, but its struggled to maintain its peg over the past week. TRON Stablecoin Faces Depeg Issues TRONs...
2022-6-20 14:21 | |
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Stablecoin regulation is one of the key issues in the President’s Working Group on… The post Treasury official calls for “urgent” stablecoin legislation from US Congress appeared first on Coin Journal.
2022-2-9 00:23 | |
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Cardano is a third-generation, Proof-of-Stake blockchain that addresses the prominent scalability and environmental issues present in first and second-generation blockchains, such as Bitcoin and Ethereum.
2021-11-16 11:55 | |
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The world’s leading stablecoin issuer, Tether, has minted a fresh one billion USDT tokens on the TRON network. The post Tether Issues Additional 1B USDT on TRON Network appeared first on BeInCrypto.
2021-8-9 09:18 | |
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CryptoNinjas » KardiaChain issues first native KRC20-based USD stablecoin The team of KardiaChain, a Vietnamese-based public blockchain that provides a dual master node to facilitate inter-chain operations among both existing and upcoming blockchain platforms, today announced it has issued the first USD-pegged KRC20 token.
2021-5-18 22:28 | |
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Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin's regulatory issues.
2021-4-24 14:16 | |
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The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital firms. Fei Protocol Market Price Drops […]
2021-4-8 08:30 | |
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Stablecoin issues Tether first announced during the summer of 2020 that it had launched its USDT coin on Layer 1 blockchain Solana, which claims to be faster and cheaper than Ethereum. Now, the first USDT has been finally minted on the Solana blockchain, as announced by Paolo Ardoino on Twitter late on Tuesday.
2021-2-4 19:16 | |
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The Office of the Comptroller of the Currency (OCC) recently approved the use of stablecoins for banks to process financial transactions. However, issues arose from the new OCC guidelines on what this could mean for the entire crypto community and stablecoins, even in the future.
2021-1-7 21:00 | |
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Japanese Internet giant GMO issues world's first regulated yen-pegged stablecoin after obtaining NYDFS's approval
2020-12-29 18:47 | |
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Jeremy Allaire from Circle tweeted that the circulating amount of USDC stablecoin is now well over 3.3 billion as more than 300 million were added in less than a week
2020-12-15 14:41 | |
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Continue reading at Coinspeaker
2020-12-10 12:28 | |
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Coinspeaker CorionX Teams Up with Syscoin to Push Stablecoin AdoptionThe Corion Foundation, the non-profit behind CorionX, a platform that looks to usher in the next wave of adoption for stablecoins, central bank digital currencies (CBDCs), and decentralized finance (DeFi), has now teamed up with the Syscoin Foundation to help address market interoperability issues and drive stablecoin adoption.
2020-10-8 16:20 | |
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Press Release: The Corion and Syscoin non-profit foundations have announced a partnership to address blockchain market interoperability issues and accelerate stablecoin adoption. The CorionX IEO third round started on the 5th October, 2020 6th October 2020, Zug, Switzerland – The non-profit Corion Foundation is pleased to announce a new partnership with the Syscoin Foundation.
2020-10-9 16:00 | |
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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 […]
2020-8-7 22:58 | |
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Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt.
2020-3-18 02:47 | |
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The cryptocurrency market is still struggling to find itself after posting record losses on Thursday. Binance has decided to give it another cash injection of $7M. Binance, together with the PAX Treasury, has just issued over $7 million worth of its own stablecoin Binance USD (BUSD).
2020-3-15 11:20 | |
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Malta-based cryptocurrency exchange Binance is in the news after it issued Binance KRW [BKRW], a BEP-2 stablecoin pegged to KRW [Korean won], in partnership with BxB, Inc. of South Korea on 5 March 20The post Binance issues Korean Won-pegged stablecoin - BKRW appeared first on AMBCrypto.
2020-3-6 00:30 | |
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Despite claims of 'fractional banking' and legal issues around its parent company iFinex and the cryptocurrency exchange Bitfinex, Tether gained ground in 2019. USDT not only improved on its dominanceThe post Tether was 2019's most dominant, most 'stable' stablecoin: Report appeared first on AMBCrypto.
2020-1-15 18:00 | |
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Christine Lagarde, the newly named European Central Bank’s (ECB) president, said she’s concerned Facebook is going to use its social media platform for promoting the Libra and eliminating any competition.
2019-12-21 21:49 | |
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Steven Mnuchin has said that Facebook’s forthcoming Libra stablecoin is not ready to comply with existing money-laundering standards
2019-10-15 20:18 | |
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Financial Action Task Force’s FATF week will see the representatives from 205 countries and jurisdictions around the world, the IMF, UN, World Bank, and other organizations discuss matters concerning the stablecoins and virtual assets and the risks associated with it.
2019-10-12 20:30 | |
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Switzerland’s financial watchdog issues new stablecoin guidelines, outlines its requirements for the Libra Association’s proposed stablecoin payments network
2019-9-11 11:02 | |
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Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China.
2019-8-31 01:59 | |
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Currently, Tether issues three stablecoins pegged to the euro (EURT), Japanese yen (JPYT) and the United States dollar (USDT). ChainNews, a Chinese news outlet, reported that Tether Limited is planning to add a new member to its stablecoins collection with CNHT.
2019-8-23 12:51 | |
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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.