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Tokyo Mulls Own Stablecoin + More Crypto Briefs
6.9.2019
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.
Stablecoin news
The Tokyo government has been talking up its local stablecoin plans, with two major pilots already planned....
Binance and Paxos Collaborate to Unveil a Stablecoin Pegged to USD
6.9.2019
Binance, the largest digital currency exchange in the world in terms of trading volume, and Paxos, a digital asset trust entity, have come together to unveil a stablecoin pegged to USD. The soon-to-be-launched stablecoin is referred to as BUSD (Binance USD). Binance shared this new update with...
Paxos Launches PAX Gold, Regulated and Redeemable for Physical Gold
5.9.2019
Stablecoin operator Paxos announced a gold-backed Ethereum token, PAX Gold
Binance to Launch USD-backed Stablecoin, Gets Approval in New York
5.9.2019
Major crypto exchange Binance said it partnered with Paxos Trust Company, a crypto custody company and issuer of stablecoins, in order to launch a new stablecoin, Binance USD (BUSD), later this month.
"BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S....
Binance Joins Forces With Paxos to Launch USD-Backed Stablecoin ‘BUSD’
5.9.2019
Binance announced its partnership with Paxos to launch USD-backed stablecoin, approved by the NYDFS
Binance Launches Dollar-Backed Stablecoin With NYDFS Blessing
5.9.2019
Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos
Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report
3.9.2019
Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber
ECB’s Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’
2.9.2019
Facebook’s Libra stablecoin is “beguiling but treacherous,” according to European Central Bank key legal official Yves Mersch
US-China Trade War and Its Effect on Cryptocurrencies
31.8.2019
China vs. U.S. trade war spreads to cryptocurrencies and the control over blockchain technologies
Tether Plans to Launch CNHT, An Offshore Stablecoin in China
31.8.2019
Tether Holdings announced its plans to launch an offshore stablecoin in China which is to be backed by renminbi (Yuan). It is to be dubbed CNHT. After Bitfinex enabled trading of Tether on their platform in 2015, Tether’s USDT made a massive impact on the crypto economy of China. To date, it...
Binance Proposes Venus To Be Regulatory Focused Stablecoin Platform
31.8.2019
Facebook, the social media giant, has become the center of attraction of financial discussions since the news of the launch of its cryptocurrency, Libra. Being one of the most anticipated projects, Libra, on the contrary, had to face a lot of backlashes owing to its security and regulatory...
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Samsung Galaxy S10 Now Supports Stablecoins: TrueUSD, Maker, USD Coin
30.8.2019
South Korean tech giant Samsung expands its Galaxy S10 with three stablecoins such as TrueUSD, Maker and USD Coin
Stablecoins Vulnerable to Regulatory Uncertainty: European Central Bank
29.8.2019
The European Central Bank says stablecoins with clear governance may be hampered by regulation uncertainty
Crypto Lender Dharma Pivots to Stablecoin Savings Accounts
29.8.2019
Dharma is getting out of the lending business, launching its V2 on the Compound protocol and focusing on savings accounts for DAI and USDC
Libra Members Consider Quitting Project Due to Gov’t Pressure: Report
23.8.2019
Several of Facebook’s early investors for its planned Libra stablecoin are considering distancing themselves from the project
Binance to Launch US Platform Soon, Helped by a Little-Known Partner
22.8.2019
Despite Binance planning to launch its U.S. exchange by 2020, little is known of its partner, BAM Trading Services
Binance Venus Aims to Outshine Libra and Chinese National Crypto?
21.8.2019
Binance’s Venus stablecoin project aims high, but experts aren’t yet convinced about its potential short-terms success
Taipei-Based Crypto Firm Maicoin Seeks Membership in Libra Association
21.8.2019
Taiwanese crypto trading platform Maicoin is seeking to join the Libra Association to participate in developing the Libra stablecoin
Tether to Issue Stablecoin Backed by Chinese Yuan in Belgian Bank: Insider
21.8.2019
Tether is planning to issue a new stablecoin backed by Chiense yuan held in a bank in Belgium, says Bitfinex shareholder Zhao Dong