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UK Aims for Stablecoins, Staking Regulations by Mid-2024


The UK government intends to get lawmakers to approve new legislation for stablecoins and staking within the next half-year. The post UK Aims for Stablecoins, Staking Regulations by Mid-2024 appeared first on Cryptonews

Y Combinator Expands Focus to Include Stablecoin Startups


Y Combinator identified 20 specific areas in its latest Request for Startups list, potentially signaling upcoming investment trends. The venture fund, known for backing early-stage tech startups, highlighted stablecoin finance as one of its key investment areas. Stablecoins are a type...

U.S. Regulators Can Influence Tether’s Offshore Usage: JPMorgan


Tether’s (USDT) dominant position as the largest stablecoin faces regulatory challenges and risks from various authorities and jurisdictions as they seek to impose more transparency and compliance on stablecoins. The stablecoin is vulnerable due to its dependence on the American market and pending...

USD-Pegged Stablecoins Could Boost Dollar Dominance: Fed Governor


The US Fed Governor Christopher Waller, who previously voiced cryptos are “risky,” now throws a positive stance on dollar-pegged stablecoins. Speaking at a conference in Nassau, Bahamas on Thursday, Waller said that decentralized finance (DeFi) could actually boost dollar dominance. He stressed...

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