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Crypto owners banned from working on US Government crypto policies
7.7.2022
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation
Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat
7.7.2022
A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers.
Per the Workers’ Daily, a branch of the People’s Court in the Chaoyang District of Beijing heard a civil case involving a now-defunct IT company and...
Shiba Inu Plans to Launch Stablecoin, Reward Token, Collectible Card Game
7.7.2022
Shiba Inu has grand plans to bolster its memecoin ecosystem with a stablecoin and metaverse integrations
New York Regulators Have Planted a Seed for Stablecoin Transparency
6.7.2022
New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist
Circle looks to reaffirm commitment to transparency as USDC market share soars
6.7.2022
"With USDC, our business model is minimizing risk, not taking and managing risk,” wrote Jeremy Fox, Circle's CTO
Salary payments in USDT stablecoin ruled as illegal in the Chinese court
6.7.2022
Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions
Regulatory Scrutiny Increasing as Crypto Becomes Financial Stability Risk – Report
6.7.2022
There has been a sharp increase in regulations targeting the crypto space, with regulatory bodies mainly in North America and Europe aiming for everything from non-fungible tokens (NFTs) to stablecoins and ordinary cryptocurrencies, found a global RegTech (regulatory technology) firm CUBE.
In...
Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92
5.7.2022
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s...
Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022
5.7.2022
The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022
Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve
4.7.2022
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), has denied that it is facing any sort of difficulty in maintaining the coin’s US dollar peg. Meanwhile, the supply of tether (USDT) coins on one of the most used stablecoin liquidity pools remains elevated....
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USD stablecoin premiums surge in Argentina following economy minister's resignation
4.7.2022
Argentina has been in a long-standing battle against rising inflation and a continued decline of the peso against the U.S. dollar
Tether continues to reduce commercial paper in sharp reduction since March
1.7.2022
The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far
Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam
1.7.2022
A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed...
'More Work to Be Done' as EU Imposes Strict New Crypto Regulations
1.7.2022
After the EU has reached an agreement on cryptoasset regulation that sets out strict rules for all actors in the crypto market, the crypto industry reminds itself that there's still "more work to be done."...
Read More: 'More Work to Be Done' as EU Imposes Strict New Crypto Regulations
EU agrees on MiCA regulation to crack down on crypto and stablecoins
1.7.2022
“Europe’s upcoming crypto-assets policy framework will be to crypto what GDPR was to privacy,” says Circle chief strategy officer Dante Disparte
Biden Official Says US Government Could Pass Stablecoin Rules by End of Year
30.6.2022
The President’s Working Group on Financial Markets discussed issues that should be addressed by stablecoin legislation in a meeting Thursday
Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement
29.6.2022
STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves
29.6.2022
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle...
Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week
29.6.2022
The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future
While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards
28.6.2022
During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than...