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Nalezeno "cz stablecoins": 1878

All eyes are on stablecoins: Law Decoded, April 10–17

17.4.2023
A week before a hearing in Congress, the United States gets stablecoin regulatory framework

Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction

17.4.2023
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year...

Draft U.S. Stablecoin Bill Shows Major Difference Between Stablecoins and CBDCs

17.4.2023

BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules

17.4.2023
The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit

USDC Issuer Circle Exec to Testify at US Congressional Hearing on Stablecoins

17.4.2023
Circle, the US company behind the popular stablecoin USDC, is set to testify in a Congress hearing on Wednesday about stablecoin regulation in the US. In the hearing, titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” Circle’s Chief Strategy Officer Dante Disparte...

Las stablecoins ganan terreno en América Latina ante la inflación mientras crecen entre los negocios europeos

17.4.2023

Stablecoins Gain Traction as Inflationary Shield in Latin America, Europe Also Sees Growth

17.4.2023
Despite the recent bear market and the latest banking turbulence, users in Latin America and Europe continue to embrace stablecoins, but in a very different way

Centralized Stablecoins Are Problematic. Is a Decentralized Alternative on the Way?

17.4.2023
USDC and USDT both have issues that truly decentralized, blockchain-based protocols are designed to solve

In the Ukraine War, Stellar Aid Assist Is Using Crypto to Give Mass Aid

17.4.2023
The Stellar Development Foundation designed a payment app that leverages stablecoins for fast and cheap transfer and is user-friendly for trauma and disaster victims. That’s why Stellar Aid Assist is one of CoinDesk’s Projects to Watch 2023

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

16.4.2023
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8%...

U.S. Congress to introduce new draft bill for stablecoins

15.4.2023
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country

Nigerian Crypto and Web3 Startup Lazerpay Shuts Down After Failing to ‘Close a Successful Funding Round’

15.4.2023
The Nigerian crypto and Web3 startup Lazerpay announced on April 13 that it will cease operations. Co-founder and CEO Njoku Emmanuel said the decision to cease operations was made after Lazerpay failed to successfully close a funding round. The CEO also said he is ready to listen to offers from...

Flatcoiners should take a cue from TerraUSD's fate

15.4.2023
Flatcoins need to provide a more stable and decentralized alternative to traditional currencies — otherwise, they’re nothing but investment vehicles

Stablecoins Cannot Function as Money Because They Have No ‘Assured Value’ — Bank of England Governor

14.4.2023
Andrew Bailey, the governor of the Bank of England, has asserted that stablecoins “will need to have the characteristics of, and be regulated as, inside money” before they function as money. Bailey also described crypto as a “highly speculative investment” with no intrinsic...