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Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin
12.7.2022
The company, which has 30 million active users, will offer bitcoin, ether and USDP trading
100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault
11.7.2022
Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance vote that provides “collateral integration from a U.S.-based bank.” The Makerdao governance vote passed by a majority vote of more than 87%, and it allows the U.S. financial...
G20 regulator to present global crypto rules in October 2022
11.7.2022
The FSB seems more concerned with the crypto market given its recent turmoil and the “increasing interconnectedness with the traditional financial system.”
KPMG to audit new pound-backed stablecoin GBPT
11.7.2022
In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements
Tether fortifies its reserves: Will it silence critics, mollify investors?
11.7.2022
USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet?
‘Robust’ Regulations Needed in Crypto & Stablecoin Sector, Says G20 Advisory Body Ahead of Its Report in October
11.7.2022
One of the world’s leading financial policy-making organizations said that it will tell governments to step up their supervision of stablecoins later this year – against a “backdrop of the recent turmoil” in the crypto sector.
In a press release from the Financial Stability Board (FSB), which...
Gate.io Announces 365% APR with New Stablecoin Empowerment
11.7.2022
Gate.io recently released an official tweet about empowering stablecoins. The network offers users an opportunity to earn up to 365% APR. Besides this, Gate.io is also looking forward to a prospective future in the Polkadot ecosystem. The network requested that users lend their ACA tokens to make...
Terra crash highlights stablecoin risk to financial stability: ECB
11.7.2022
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy
Crypto Exchange Bitso Launches Remittance Service in Colombia
11.7.2022
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service...
After Terra’s fall to Earth, get ready for the stablecoin era
10.7.2022
Did May’s algorithmic stablecoin crashes kill the concept, or is there still a role for fiat-pegged cryptocurrencies?
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
9.7.2022
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius...
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
8.7.2022
Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen
Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer
8.7.2022
The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves
Aave Proposes Decentralized, Yield-Generating Stablecoin GHO
8.7.2022
The US dollar-pegged algorithmic stablecoin will be minted by users and generate interest yields
EU-regulated firm Banking Circle adopts USDC stablecoin
8.7.2022
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking
Aave Summoning GHOsts With a New Native Stablecoin Proposal
8.7.2022
Popular decentralized finance (DeFi) protocol Aave (AAVE) has proposed to the decentralized autonomous organization (DAO) the introduction of a native, decentralized, fully collateral-backed, USD-pegged stablecoin on the Ethereum (ETH) mainnet – dubbed GHO.
“Calling all GHOsts,” said Aave...
Aave to launch overcollateralized stablecoin called GHO
8.7.2022
GHO would allow users to borrow the stablecoin while still learning yield on their locked assets on Aave, however the proposal is just seeking feedback at this stage
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report
8.7.2022
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). U.S. and South Korea to Share Data on Crypto Investigations...
Shiba Inu planea lanzar una stablecoin, un token de recompensa y un juego de cartas coleccionables
7.7.2022
Los precios de SHIB apenas se movieron con las noticias, pero el token de gas BONE y el token de ecosistema LEASH se recuperaron
Shiba Inu Reveals Stablecoin Plans and Dogecoin Comes to Las Vegas
7.7.2022
Popular dog-themed meme coins shiba inu (SHIB) and dogecoin (DOGE) may get a boost as the former plans to expand its ecosystem with a range of new products, while the latter will reportedly be accepted as a payment method at The Boring Company's newly-opened transit station in Las Vegas....
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