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Tether Froze $300K of Stablecoin Hacked After Victims Left Wallet Keys in Evernote
26.10.2020
The U.S. government is pursuing a civil forfeiture claim on the more than 300,000 units of the tether (USDT) cryptocurrency said to have been stolen earlier this year
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Stablecoins went wild in the days before Bitcoin’s recent surge
23.10.2020
Retail investors are buying into Bitcoin, says CryptoQuant CEO
Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
23.10.2020
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China
Chinese Authorities Crack Down on Gambling Sites Using Tether Stablecoin
23.10.2020
Chinese authorities have arrested 77 individuals and shuttered gambling sites using the dollar-pegged tether (USDT) cryptocurrency
Raiffeisen Bank Bringing Blockchain Interoperability to Its Stablecoin Project
22.10.2020
Raiffeisen's stablecoin project is becoming blockchain-agnostic, adding interoperability tech from Bitpanda and the Technical University of Vienna
Study finds CME drives Bitcoin price, but it excludes stablecoin volumes
20.10.2020
Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included?
Chasing the hottest trends in crypto, the EU works to rein in stablecoins and DeFi
19.10.2020
The proposed EU crypto market regulation will raise many compliance obstacles for the next Libra-like project seeking to operate in Europe
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
Stablecoins race ahead: Fiat-backed crypto booming amid uncertainty
17.10.2020
Stablecoins are taking over the crypto space with increased utility and circulation. What is prompting this growth, and is it a threat to the market?
Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16
16.10.2020
Talk of CBDCs and Facebook's Libra headlined this week's policy news, as international organizations weigh in on both
Former PwC partner to launch New Zealand ‘Power Dollar’ stablecoin
16.10.2020
Power Finance, led by former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year
USDC set to land on Stellar in 2021
15.10.2020
Stellar joins the ranks of Ethereum and Algorand
Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances
15.10.2020
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network
Libra picks former HSBC brass as CFO
15.10.2020
The G7's recent rejection of Libra doesn’t seem to have slowed them down
Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows
14.10.2020
Tether’s USDT stablecoin dominates crypto market volumes but data shows its $15.7B market cap does not negatively impact Bitcoin’s volume
FSB Recommends Stablecoin (Libra) Safeguards as G7 Continues Blockade
13.10.2020
Finance officials never once named Libra. But they didn't have to; the proposed stablecoin's shadow still loomed
G7 will block Libra launch until regulations in place
12.10.2020
“No global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements.”
CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round
9.10.2020
9th October 2020, Zug, Switzerland – The non-profit Corion Foundation is pleased to announce a new partnership with the Syscoin Foundation. The foundation partnership is the result of a shared vision to make global access to swift, safe low-cost Open Finance solutions a reality....
Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI
9.10.2020
On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart contract protocol RSK. According to the software engineers, RIF developers leveraged the RSK-Ethereum token bridge and individuals...