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Nalezeno "uk stablecoin": 3986

Stablecoin Issuer MakerDAO to Invest $500M in US Treasurys, Corporate Bonds

6.10.2022
The transition was initiated by DeFi asset advisor Monetalis and lead by digital asset bank Sygnum

European Regulator Lists What is Needed for 'Responsible Crypto Sector'

5.10.2022
More dialogue between the crypto industry and supervisors, consumer education, “rigorous compliance,” and even a “mind shift” for some crypto firms are necessary for creating a “responsible” crypto sector, said José Manuel Campa, chairperson of the European Banking Authority (EBA).... Read More:...

Biden Administration Urges Speed Up of Crypto Regulation as Recession Fears Rise

4.10.2022
US President Joe Biden’s administration urged Congress to pass laws that will clarify how cryptoassets should be regulated, amid increasing fears of a global recession. The group of financial regulators comprising the US Financial Stability Oversight Council issued a report on Monday, calling...

Tether CTO Says US Treasury Notes Account for More Than 58% of USDT’s Reserves

3.10.2022
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company’s reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer’s quarterly...

Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commercial Paper Holdings to Below $50M

3.10.2022
The firm had said it plans to bring its commercial paper holdings to zero by the end of the year

What is the economic impact of cryptocurrencies?

1.10.2022
Cryptocurrencies spur financial inclusion, protect against inflation and enhance the global economy despite the recession

State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins

30.9.2022
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas...

Central banks can push DeFi into mainstream: Swiss National Bank official

30.9.2022
A combination of centralization and decentralization is a perfect mix for the development of crypto and DeFi, according to a Swiss National Bank official

Texas, Vermont regulators object to Celsius stablecoin sale plan

30.9.2022
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds

US lawmaker hints at calling for Republican votes in 2022 Midterms over crypto policies

29.9.2022
Representative Patrick McHenry said regulatory clarity for digital assets would be one of his "top priorities" if he became the next chair of the House Financial Services Committee

Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales

29.9.2022
Texas state agencies are raising an objection to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing

Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

29.9.2022
Bitcoin looks suitable for Russia’s crypto cross-border payments at first glance, but there are many reasons why such a choice is highly questionable

Robinhood and Circle Partner to Let Exchange and Wallet Users Utilize the Stablecoin USDC

29.9.2022
After Robinhood Markets launched the company’s beta Web3 wallet on Tuesday and listed the stablecoin usd coin on the exchange platform Robinhood Crypto last week, the company announced a strategic partnership with Circle Financial. The deal revealed on Wednesday will provide Robinhood Crypto...

WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’

29.9.2022
A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed

Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global

29.9.2022
The partnership aims to improve people’s access to dollar-linked stablecoins in countries with rapidly devaluing currencies

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days

29.9.2022
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above...