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The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow
8.1.2021
From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current...
Following Brexit, the UK asks crypto industry about rules for cross-border stablecoins
7.1.2021
In addition to trying to define stablecoins, the UK is looking to establish how close it wants its crypto laws to be to other countries
Origin Brings Back Interest-Earning OUSD Stablecoin Following $7M Hack
6.1.2021
Origin is relaunching its yield-generating stablecoin following a November attack that drained OUSD holders of $7 million
Bitcoin, Ethereum & Stablecoin Tribes Fight Over Benefits Of OCC News
5.1.2021
Following a major announcement by the US Office of the Comptroller of the Currency (OCC), major tribes within the crypto space - be it stablecoins, Bitcoin (BTC), Ethereum (ETH), etc. - started claiming the news is beneficial for them specifically.
On Monday, the OCC published Interpretive Letter...
US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins
5.1.2021
Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday
OCC greenlights national banks to run nodes and stablecoin networks
5.1.2021
The latest from the Treasury's most crypto-forward office says that national banks don't have to fear stablecoin nodes
CeFi and DeFi will finally meet in 2021 — Let's hope they hit it off
3.1.2021
CeFi and DeFi have a long way to go in order to effectively work together, but their combined efforts will help drive mass crypto adoption
9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race
2.1.2021
On December 31, billionaire investor Mike Novogratz asked his Twitter followers which blockchain coin has the best chance of winning the payments race and offered four choices. Novogratz said there are lots of “contenders” and listed off Facebook’s diem, tether, bitcoin cash,...
Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC
31.12.2020
The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed...
New York Approves Its First Publicly Available Japanese Yen Stablecoin
29.12.2020
The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses...
Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
29.12.2020
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities
New York authorizes first Yen stablecoin operator in the US
29.12.2020
Japanese firm GMO will now be able to offer Yen and dollar-pegged stablecoins to the public in New York
Dynamic Set Dollar faces “massive test” as stablecoin falls as low as $.27
28.12.2020
An algorithmic stablecoin experiment is playing out over Christmas weekend — and real money's on the line
DeFi data manipulation is too easy — and current oracle solutions aren’t helping much
24.12.2020
DeFi exploits are too common for mass adoption. But there are solutions to the oracle problem
US federal regulators set new expectations for stablecoin issuers
23.12.2020
The President's Working Group has not said anything revolutionary, but does establish some new clarity
Russia’s State Duma expects explosion of crypto issuance in 2021
23.12.2020
Russian government appears to anticipate crypto issuance to explode in 2021 following the adoption of its major crypto bill
OpenDAO Builds New Yield Dollar Interface on Top of UMA, Accepts BTC as Collateral
23.12.2020
PRESS RELEASE. OpenDAO is proud and excited to announce that it is one of the first DeFi projects to participate in UMA’s dapp mining program. Check out the new Yield Dollar interface at ydollar.opendao.io For the past few months, OpenDAO has been working closely with the team at UMA to build...
Terra Protocol (LUNA) rallies 66% after DeFi and stablecoin launch
19.12.2020
Terra Protocol’s successful DeFi and stablecoin launch were followed by a 66% rally that brought LUNA’s market cap to $200 million
'BAM!' Tether celebrates as USDT market cap passes $20 billion
18.12.2020
A record high for the largest stablecoin comes as Bitcoin cools around its own highest-ever levels
PayPal crypto partner Paxos closes $142M funding round
17.12.2020
The stablecoin issuer is pursuing ambitious plans in the expanding crypto space