UK Plans to Regulate Staking and Stablecoins

Economic Secretary Bim Afolami emphasizes the need for immediate legislation on stablecoins and staking in the UK, highlighting the urgency with looming elections. The post UK Plans to Regulate Staking and Stablecoins appeared first on BeInCrypto.

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Crypto Regulations On The Horizon: UK Prepares To Release New Laws In 6 Months

In a recent development, the United Kingdom (UK) government plans to implement new crypto regulations for stablecoins and staking services within the next six months, according to a Bloomberg report.

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UK Is Pushing Hard To Have Stablecoin And Staking Rules Ready Within Next Six Months: Report

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UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg

UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report.

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Ethereum’s Mantle LSP Races Towards $100 Million TVL Marker in Less Than a Day

Mantle Liquid Staking Protocol's (LSP) Total Value Locked (TVL) reached nearly $100 million within 24 hours of its launch, offering native yield for Ethereum and stablecoins. The post Ethereum’s Mantle LSP Races Towards $100 Million TVL Marker in Less Than a Day appeared first on BeInCrypto.

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FTX engages Galaxy Digital to oversee, sell, and hedge its crypto assets

Bankrupt exchange FTX wants to hire Mike Novogratz’s Galaxy to assist with selling, staking, and hedging its crypto assets. The proposed agreement would see Galaxy managing and trading certain digital assets owned by FTX to convert them into fiat currency or stablecoins.…

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Decentralized Exchange Maverick Rolls Out Liquidity Incentives for Price Stability

The tool offers more efficient incentives than competitors like Curve Finance’s rewards and can help pegged assets such as stablecoins, liquid staking derivatives keep their prices more stable, the protocol said.

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Bahamas Seeks to Tighten Its Crypto Laws Following FTX Collapse

A bill published for comment includes restrictions on stablecoins, proof-of-work mining and crypto staking.

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ETH on exchanges at 5-year low as capital continues to flee crypto

Key Takeaways Only 15% of ETH is on exchanges, the lowest number in 5 years  Drop has been swift since staking opened up in late 2020 Bitcoin and stablecoins have also fled exchanges, meaning liqudiity is thin Volatility has risen as a result, with aggressive moves to the downside also possible, despite bullish first quarter […] The post ETH on exchanges at 5-year low as capital continues to flee crypto appeared first on CoinJournal.

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Best Place To Stake Stablecoins [USDC, USDT] – Best Stablecoins Savings Accounts

Where can I stake stablecoins and make money while I sleep? A unique look at the top stablecoin staking (liquidity mining, yield farming) places is provided in this guide. Since the advent of cryptocurrencies, one of the main deterrents for major investments in this novel class of assets has been the excessive volatility of the […] The post Best Place To Stake Stablecoins [USDC, USDT] – Best Stablecoins Savings Accounts appeared first on CaptainAltcoin.

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NumisMe launches with APR for USD stablecoins and liquidity providers

Today, NumisMe announces the launch of the NumisMe Vaults (featuring APR Booster), Staking, and LP incentives. Simply deposit your crypto and grow your capital with some of the highest and most secureThe post NumisMe launches with APR for USD stablecoins and liquidity providers appeared first on AMBCrypto.

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Terra price forecast: Is now the right time to buy the LUNA token?

Terra LUNA/USD is an open-source network for algorithmic stablecoins. LUNA is the native cryptocurrency token that is used for staking, governance, and collateral for the network’s stablecoins.

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Terra price movement: Is there more room for growth for LUNA after it got to the 10th spot?

Terra LUNA/USD is an open-source blockchain payment platform for algorithmic stablecoins.   LUNA is the native cryptocurrency token of the Terra protocol and is used for staking, governance and collateral.

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SEC chief Gensler now eyeing crypto staking and 'poker chip' stablecoins

In recent weeks, the U.S. Securities and Exchange Commission [SEC] has brought several crypto companies into the regulatory spotlight. Coinbase was warned about its high-interest crypto-product Lend,The post SEC chief Gensler now eyeing crypto staking and 'poker chip' stablecoins appeared first on AMBCrypto.

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Should you invest in LUNA before the upcoming mainnet upgrade?

Terra LUNA/USD is a stablecoin payment platform. LUNA is the governance and staking token that fuels the Terra network and supports stablecoins and payment processing systems. The Columbus-5 mainnet upgrade as a catalyst for growth  Terra was initially founded in 2018.

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RAMP DeFi Leads The Liquid Staking Race, Opening Ethereum-Based DeFi to Staked Liquidity From Other Blockchains

Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate yield. […]

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Stablecoin Staking is Finally Possible: Neutrino USD (USDN) Offers a Safer Alternative to Tether

As the market capitalization of USDT and USDC keeps rising, recent asset freezes underline their inherent risks. Will these incidents cause more investors to turn to decentralized stablecoins, such as DAI and the stakable USDN? Since the start of June, Tether’s market cap has grown by 13%, and that of USDC Coin has finally crossed the $1bn mark.

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Staking Will Turn Ethereum Into a Functional Store of Value

With staking and a surge of demand for stablecoins, Ethereum has everything it needs to become a viable store-of-value network.

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Why Staking Crypto such as TRX, KAVA and more is Gathering Steam

In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious.   The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading.

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