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Nalezeno "Stablecoins": 1962

U.S. Hearing Highlights Stablecoin Rift in Competing House Bills


U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel

Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin


Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion....

Binance to Withdraw From Canadian Market Due to Regulatory Climate


Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance...

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