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USDZ Capital Group Launches USDZ Stablecoin
4.3.2020
Stablecoin is a cryptocurrency pegged to less volatile external assets such as official currencies, precious metals, or oil. The value of a stablecoin can also be pegged to other crypto-assets or fixed by algorithms. Stablecoins retain the same value as the underlying asset and are not subject...
Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs
3.3.2020
While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data
New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions
3.3.2020
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies
Bank of England Official Warns Against Crypto, Stablecoins + More News
3.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Digital fiat news
Bank of England Deputy Governor Sir Jon Cunliffe said in a speech that crypto adoption could be a threat...
Ripple Says Stablecoins Could be Created on XRP Ledger
2.3.2020
Ripple CTO David Schwartz outlined potential new features for the XRP ledger in an online interview
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor
1.3.2020
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project...
Third-Party Cryptos Could Launch on XRP Ledger, Says Ripple’s David Schwartz
28.2.2020
Schwartz said a feature is being developed to allow asset-backed tokens to be minted on the platform
CFTC Holds A Meeting to Learn All About Stablecoins
27.2.2020
The CFTC invites three stablecoin projects to teach what stablecoins and crypto are all about
G20 on Tax, 'Global Stablecoins' and Crypto Market Oversight + More News
24.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Finance ministers and central bank governors of the Group of 20 (G20) major economies released a communique after...
G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
24.2.2020
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also...
Binance and Others Are Rushing to Provide Stablecoins to Nigerian Crypto Users
21.2.2020
Here's how crypto exchanges are on-boarding unbanked users in Nigeria
Global Regulators Haven’t Properly Addressed Stablecoins
21.2.2020
Meeting at the G20 summit in Saudi Arabia this week, members of the Financial Stability Board discuss regulating cryptocurrency
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
13.2.2020
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations...
Libra Minus Facebook: Why Celo Is 2020’s Buzzy Token Project
12.2.2020
With $30 million from Polychain and a16z, here's how the buzzy Celo plans to rival Libra on financial inclusion
Circle Founder: Digital Currencies at Key Growth Moment as Governments Take Notice
12.2.2020
Jeremy Allaire sees governments and industry finally taking blockchain seriously. That's a big deal
Tether Stablecoin Taps Chainalysis for Anti-Money Laundering Compliance Tools
12.2.2020
Tether is using Chainalysis' "Know Your Transaction" tool to create risk profiles for USDT users and monitor potentially suspicious activity
Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices
12.2.2020
On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than...
Joint Venture Launches Canadian Dollar-Pegged Stablecoin for Financial Services
11.2.2020
Canada Stablecorp, a joint venture between Mavennet and 3iQ, has begun issuing its QCAD stablecoin, in a bid to digitize financial services such as international remittances
BCH Merchant Directories Now List 4,300 Bitcoin Cash-Accepting Businesses
10.2.2020
Businesses around the world continue to adopt bitcoin cash (BCH) and in 2020 merchant acceptance continues to grow. Tallying up all the companies that accept BCH listed on sites like Green Pages, Map.Bitcoin.com, Acceptbitcoin.cash, and Anypay shows there’s more than 4,300 BCH supporting...
Facebook, China Light Flame Under Fed: Governor Cites Stablecoins Influencing Digital Dollar Research
9.2.2020
At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.” The position seems a contrast to the narrative in 2018...