US Treasury Open to Nonbanks Issuing Stablecoins, Official Says

2022-7-19 21:56

As Congress considers a path for nonbanks to be allowed to issue stablecoins, Nellie Liang, the U.S. Treasury Department’s undersecretary for domestic finance, says that’s fine with the agencies that once recommended issuers be regulated as banks.

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says stablecoins treasury nonbanks domestic finance fine

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says stablecoins → Ðåçóëüòàòîâ: 126


Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says

Congress may rebuff U.S. regulators who wanted stablecoins to be the exclusive territory of banks, according to a lawmaker familiar with a legislative effort now in motion. Democrats on the House Financial Services Committee have been working on requirements that may not be as restrictive as the Treasury Department and financial regulators had asked.

2022-7-18 16:38


Stablecoins Are The Future Of Remittances, Says MoneyGram CEO

In recent years, major corporations have been looking for ways to incorporate cryptocurrencies into their operations. So naturally, these companies want the benefits of blockchain without having any responsibility or risk associated with them – which is why we’ve seen so many starts dipping their toes in the water. MoneyGram is the latest company to […]

2022-5-31 19:00


Ôîòî:

Michael Saylor Says The Market Crash Will Speed Up Regulation Around Stablecoins

It has been a rollercoaster month for the crypto markets that saw the shocking crash of Terra’s native coin and stablecoin offerings wiping billions from the crypto markets. However, in a recent interview, Bitcoin evangelist Michael Saylor said that recent happenings would be good for Bitcoin and push stablecoin regulations. Michael Saylor Believes The Recent […]

2022-5-16 14:17


BoE Wants to Bring Stablecoins Into Bank’s Regulatory Remit, Urges Institutions To Take A “Cautious Approach” To Crypto Adoption

Crypto has “all the makings of something that could become” a financial stability risk, says Bank of England Governor Andrew Bailey. The post BoE Wants to Bring Stablecoins Into Bank’s Regulatory Remit, Urges Institutions To Take A “Cautious Approach” To Crypto Adoption first appeared on BitcoinExchangeGuide.

2021-12-15 22:24


Stablecoins Support “Faster and More Inclusive” Payments Options, says the Biden Administration’s Report

PWG also called for “urgent” Congressional action to regulate stablecoins to address the prudential risks posed by stablecoins. But nothing big is happening “any time soon.” The post Stablecoins Support “Faster and More Inclusive” Payments Options, says the Biden Administration’s Report first appeared on BitcoinExchangeGuide.

2021-11-2 16:39


Don’t Sell, Collateralise; Says NFT Liquidity Platform Strip Finance

Strip Finance, a Collateralised NFT & DeFi Liquidity Protocol, is putting NFTs for better use by collateralising them for stablecoins and providing greater liquidity. A next-generation NFT platform called Strip Finance is making it possible to collateralise Non-Fungible tokens while still maintaining ownership of the assets, taking DeFi and NFTs to a whole new dimension.

2021-10-6 16:19


Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide.

2021-10-1 18:12


Quant: Bitcoin Indicators Now Look Similar To Q4 2020, Big Move Ahead?

Quant says some Bitcoin indicators show the same trend as in during Q4 2020, suggesting that BTC could make a similar move up. Bitcoin Netflow And Stablecoins Supply Ratio Trends Look Similar To Q4 2020 As explained by an analyst in a CryptoQuant post, two BTC indicators: the netflow and the stablecoins supply ratio, are both trending similarly to how they did during the last quarter of 2020.

2021-9-30 22:00


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