Новости о Regulatory Stablecoin [ Фото новости ] [ Свежие новости ] | |
Facebook’s Libra is not Welcome in Australia According to RBA
The Reserve Bank of Australia has serious doubts about Libra’s success within the nation. In an article published by afr. com on January 9, the RBA sustains that even if it meets all regulatory requirements, there won’t be enough demand for domestic payments in the stablecoin. дальше »
2020-1-10 22:00 | |
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Binance’s Stablecoin is now Approved by the NYDFS
Stablecoins continue to generate a fair few headlines. Binance has indicated it aims to launch potentially multiple of those currencies in the coming years. Before the company can do so, it needs regulatory approval. дальше »
2020-1-7 02:00 | |
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Binance USD Stablecoin Pleases Tough New York Regulators
Binance’s USD-backed stablecoin, BUSD, has received approval from the notoriously-stringent New York regulatory body, the New York State Department of Financial Services (NYDFS). The USD-backed stable coin is directly tied to the United States Dollar on a 1:1 basis and provides users with the chance to digitize their money. дальше »
2020-1-6 13:30 | |
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Russia's regulatory 'sandbox' tests stablecoins
With China's advancement in the digital currency space and state-backed stablecoin, other countries are not particularly laying low in this matter. Russia is another country that has been prominent inThe post Russia's regulatory 'sandbox' tests stablecoins appeared first on AMBCrypto. дальше »
2019-12-27 01:30 | |
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Facebook’s Active-User Network, A Third of Global Population, Sets Libra Apart From Others: Fed
The Governor Lael Brainard, of the US Federal Reserve on Wednesday stated Facebook’s digital currency project Libra faces a “core set of legal and regulatory challenges.” Social media giant’s stablecoin that is linked to fiat money and other sound assets to mitigate fluctuations in the price of cryptocurrencies like Bitcoin, remains unproven with a vague […] дальше »
2019-12-18 21:12 | |
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Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space. дальше »
2019-12-16 18:20 | |
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Bitcoin Not Threatened by Cryptocurrency Launched by Laureate-Advised Firm
Amidst regulatory uncertainty, U. K. -based Saga hopes to introduce a global digital currency that lawmakers and consumers alike find agreeable. The “stablecoin” (think Tether) is pegged to a basket of fiat currencies and is not anonymous, making it unlikely to win over Bitcoin enthusiasts who value the coin’s decentralized mode of operation. дальше »
2019-12-11 20:00 | |
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Saga Launches SGA Stablecoin Pegged To Fiat Basket As A Rival To Facebook’s Libra
Facebook's Libra has been at the receiving end of regulators and lawmakers at Capitol Hill, and Mark Zuckerberg's comments that if Libra won't be given the regulatory clarity then the US might lag behind in the race to become a market leader in the evolving tech of blockchain and cryptocurrencies, where he particularly hinted towards […] дальше »
2019-12-10 18:03 | |
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Libra Hints at Changing Their Core Rollout Model
David Marcus spoke to a group of established bankers in Washington this week, and he once again highlighted Facebook’s desire to launch the stablecoin as per regulatory demands. Marcus suggested that the core model of Libra can be changed if governments are unhappy with the current Libra prototype. дальше »
2019-10-21 13:00 | |
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Libra and Regulators Should be More ‘Creative,’ Claims BaFin President
Anyone who has been paying attention shouldn’t be surprised to hear that Facebook’s Libra stablecoin project isn’t in the greatest of places. After all, Libra just lost some of its key members, eBay and MasterCard, among others, as BeInCrypto has previously reported. дальше »
2019-10-21 03:18 | |
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Libra Association stresses on cooperation as G7 releases report on stablecoins
The working group of the G7 has released a report detailing the potential risks a global stablecoin (GSC) could pose to nations and economies worldwide. GSCs will have to address these concerns to be considered for approval, the report said, adding that addressing the outlined risks will not guarantee regulatory permission to operate. дальше »
2019-10-18 11:30 | |
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Tether behind 99% of Bitcoin spot trading in China for first half of 2019
Tether, the stablecoin with the industry’s largest market cap and volume, has had its fair share of controversies this year. However, despite these concerns and the regulatory hurdles Tether is facing right now, countries like China are recording massive crypto-activity with regards to Tether. дальше »
2019-10-16 15:30 | |
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Regulatory Backlash Against The Libra Association May See Founding Member PayPal Exit
Not only is Facebook’s cryptocurrency Libra is facing a backlash from regulators, but there is also news that PayPal is very close to leaving the 28-company coalition meant to help Libra gain legitimacy and come to fruition. дальше »
2019-10-4 16:01 | |
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Chinese Bitcoin Investor: CNH Tether Avoids USDT Regulatory Risk
Bitcoin investor Zhao Dong speaks about Tether’s yuan-backed stablecoin and crypto investing in China
дальше »2019-10-2 07:20 | |
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Facebook’s Libra Association Shrugs Off Regulatory Concerns, Prepares Launch for 2020
Bertrand Perez, the general director of the Libra Association, has expressed confidence that Facebook’s stablecoin will launch during 2020. Speaking to French publication Les Echos, Perez indicated that while the Libra Association is expecting talks with regulators to continue, the project is slated for launch during the second half of next year. дальше »
2019-9-14 20:21 | |
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Libra to Address Regulatory Challenges and Launch By End of 2020
Bertrand Perez, General Director of the Libra Association, told the French financial media Les Echos that the stablecoin project backed by Facebook would go live by the end of 2020. His comments come a day after French Finance Minister Bruno Le Maire pledged to stop Libra in Europe. дальше »
2019-9-14 18:00 | |
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US Treasury: Facebook’s Libra And Other Crypto’s Must Adhere To AML & Terrorism Financing Standards
The highly anticipated Facebook’s crypto, Libra, must meet stringent US regulatory requirements before it can be launched, says an official from the US treasury. According to Treasury’s Under Secretary in charge of terrorism as well as financial intelligence, Sigal Mandelker, the Libra stablecoin must achieve the highest standards for fighting money laundering as well as […] дальше »
2019-9-10 21:02 | |
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Binance Venus, a stablecoin that will compete with Facebook’s Libra
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. дальше »
2019-8-20 19:49 | |
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Marijuana Stablecoin Asked to Play in Arizona Fintech Sandbox
Arizona, home of the first U. S. FinTech Sandbox, has admitted another cryptocurrency startup into the program that is designed to ease regulatory burdens for entrepreneurs in the financial technology space. дальше »
2019-8-2 21:30 | |
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Regulatory Pressure Could Prevent Facebook’s Libra from Launching
The intense scrutiny from regulatory agencies, governments, and central banks globally regarding Facebook’s Libra, could just be the end of the company’s stablecoin project. According to a report by CNBC, Facebook revealed in a recent filing with the U. дальше »
2019-7-31 13:29 | |
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Facebook’s Libra to be regulatory compliant while gradually establishing decentralization
The central focus of all squabbles surrounding the stablecoin project Libra was the subject of decentralization. Titled “Libra, 2 weeks in“, David Marcus, the head of Calibra clarified a few issues that have been brought up. дальше »
2019-7-4 13:00 | |
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Facebook to be regulatory compliant while gradually establishing decentralization
The central focus of all squabbles surrounding the stablecoin project Libra was the subject of decentralization. Titled “Libra, 2 weeks in“, David Marcus, the head of Calibra clarified a few issues that have been brought up. дальше »
2019-7-4 13:00 | |
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Ripple, Binance CEOs Comment on Facebook’s Libra as Canaccord Analyst Says Regulatory Hurricane is Coming
Several figures from the financial world are currently talking about the hottest subject of the moment: Facebook’s Libra stablecoin. The new crypto is seen as very controversial, with people affirming that it is good while others are very scared of it. дальше »
2019-6-20 23:35 | |
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BlockFi Adds Gemini Dollar Stablecoin Support
Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6. 2 percent for non-U. дальше »
2019-5-30 19:44 | |
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Circle CEO Announces Eliminating Ten Percent of Staff Citing Regulatory Certainty as Reason
Jeremy Allaire, the CEO of Circle, the company behind the famous Poloniex exchange and the USDC stablecoin, tweeted May 22, 2019, that the company was laying off ten percent of their staff at Circle as a result of the restrictive regulatory framework in the United States. дальше »
2019-5-23 12:53 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
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. дальше »
2019-5-13 16:37 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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Basis Stablecoin Shutsdown, to Return 90% of Capital to USD/ETH/BTC Investors
Basis was an anticipated stable coin project. However, it shut down after facing too many regulatory problems. It then decided that it would return all capital to its investors. However, some of the investors are feeling slighted by this decision. дальше »
2019-2-12 22:30 | |
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Crypto Garage and Blockstream Receive First Ever Regulatory Approval to Test Japanese Yen Stablecoin
Crypto Garage, a subsidiary of the Japanese IT company Digital Garage, Inc, announced on January 21, 2019, that it would test issuance of JPY stablecoins on their SETTLENET platform. The Stablecoin Euphoria Expands to Japan The blockchain fintech company will pilot a delivery versus payment settlement service between JPY tokens and digital assets in a project fully authorized under the. дальше »
2019-1-22 14:00 | |
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Lead investor in the project explains his view of Basis (Basecoin) shut down
Originally called Basecoin, Basis had secured $133 million in funding to build an algorithmic stablecoin. Its founder, Nader Al-Naji, frequently described the project using code to maintain price stability for its token in the same way the U. дальше »
2018-12-18 22:09 | |
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Basis Shutting Down Due to Regulatory Pressure
CoinSpeaker Basis Shutting Down Due to Regulatory Pressure Konstantin Rabin, financial expert and crypto enthusiast, unveils what hides behind the recent shut down of once promising stablecoin project - Basis. Basis Shutting Down Due to Regulatory Pressure дальше »
2018-12-18 19:54 | |
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Stablecoin Project of Basis Confirms that it Is Shutting Down Due to Regulatory Hurdles
Just yesterday, the crypto and investor communities woke up to news that the highly anticipated stablecoin project of Basis was ceasing operations and returning a majority of its funds to investors. дальше »
2018-12-14 18:25 | |
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Top-Funded Stablecoin Basis Shuts Down Due to SEC “Regulatory Constraints”
In a shocking move, Basis, the well-funded stablecoin formerly known as Basecoin, is closing its doors while returning raised capital to any investors. As revealed via a blog post from CEO Nader Al-Naji, the team claims that “having to apply US securities regulation to the system” had a severely detrimental effect on their chances of… The post Top-Funded Stablecoin Basis Shuts Down Due to SEC “Regulatory Constraints” appeared first on UNHASHED. дальше »
2018-12-15 18:19 | |
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Confirmed: Basis is shutting down due to regulatory pressure
The United States-based stablecoin project Basis has officially confirmed that it will close operations and refund investors in comments to Bloomberg. The Basis’ CEO Nader Al-Naji said that the decision to close the project was made due to regulatory concerns over a type of token in Basis’ — as well as other algorithmic stablecoins’ — […] дальше »
2018-12-14 11:09 | |
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Dec 13th Crypto News Recap – Basis Shut Down, Iran Mining, Google Searches, German Exchange, and More [VIDEO]
No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Low Cost Electricity […] дальше »
2018-12-14 00:17 | |
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Algorithmic Stablecoins In Regulatory Fog After Basis Folds
The head of an algorithmic stablecoin project has admitted to Crypto Briefing that legal uncertainty in the United States is an “enormous” burden, both financially and developmentally. дальше »
2018-12-14 00:02 | |
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Sign Of The Times: Basis Shutters $133M Crypto Project Due To Regulation
Although crypto startups have been capitulating en-masse due to financial restraints, a direct byproduct of Bitcoin’s rapid drawdown in value, reports indicate that a promising stablecoin venture has folded due to regulatory qualms. дальше »
2018-12-13 14:00 | |
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$133 Million Stablecoin Project of Basis is Reportedly Shutting Down
The Basis stablecoin project which had raised over $133 Million in venture capital, is reportedly shutting down and returning a vast majority of the funds to investors. Unlike other projects shutting down due to the bear market, Basis is shutting down due to regulatory hurdles as it tried to get the stablecoin project up and […] The post $133 Million Stablecoin Project of Basis is Reportedly Shutting Down appeared first on Ethereum World News. дальше »
2018-12-13 13:55 | |
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Stablecoin project Basis is shutting down and returning funds to investors because of regulatory pressure
Basis, one of the most well-known stablecoin projects, is shutting down and returning the majority of capital raised to investors, the Block reported citing multiple sources with direct knowledge. The company, which raised $133 million in funding, faced with regulators as it attempted to get its algorithmic stablecoin off the ground. As a result, Basis […] дальше »
2018-12-13 11:38 | |
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Regulations Roundup: Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency
In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. дальше »
2018-11-14 22:45 | |
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Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency
In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes. дальше »
2018-11-14 22:45 | |
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New Zealand Fiat-Backed Stablecoin to Make a Comeback in 2019
The New Zealand Dollar pegged virtual currency would return in the first quarter of 2019 after its suspension last year. New Zealand Stablecoin to Return in Q1 2019 The New Zealand Dollar Token commonly referred to as the NZDT, is set to return in early 2019, after its suspension due to regulatory issues. дальше »
2018-11-12 23:50 | |
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