Search
Is the SEC’s action against BUSD more about Binance than stablecoins?
27.2.2023
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance
Cryptocurrencies Resilient Despite Weaker Equity Markets, Increased Regulatory Activity: Citi
27.2.2023
Stablecoin market caps have stabilized while the percentage of ether in smart contracts continues to rise, the report said
IMF to prefer regulating crypto than banning it outright: Report
27.2.2023
On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance
25.2.2023
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with...
SEC is not the appropriate regulator for stablecoins: Circle CEO
24.2.2023
Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities
The SEC's Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon
24.2.2023
The U.S. Securities and Exchange Commission sued Terraform Labs and Do Kwon last week, alleging the terraUSD stablecoin was a security, alongside various other tokens and products. This feels pretty important
Frax Finance to retire algorithmic backing amid stablecoin crackdown
23.2.2023
The vote was passed to fully collateralize Frax Finance's native stablecoin, thus phasing out its algorithmic backing
New Canadian rules for crypto trading platforms leave little room for stablecoins
22.2.2023
The Canadian Securities Administrators has tightened registration requirements for crypto exchanges for the second time, after the disorder seen in 2022
BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning
22.2.2023
According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that...
Israel's Central Bank Proposes Rules for Stablecoins Including 100% Reserve Requirement
22.2.2023
The recommendations target consumer protection, risk management and prudential requirements, the Bank of Israel said
Chainlink, TrueUSD Start Real-Time ‘Mint Lock’ Verification of Stablecoin Reserves
22.2.2023
The key is to get information from the bank account where the stablecoin’s reserves are kept to the blockchain-based smart contract that controls issuance of new TUSD
2022 Events Cast 'Serious Doubts' on Stablecoins as Money: BIS Chief
22.2.2023
Agustin Carstens, who has previously criticized stablecoins, said they do not benefit from the regulatory requirements and protections that apply to bank deposits
Ethereum derivatives data suggests $1,700 might not remain a resistance level for long
21.2.2023
ETH derivatives data shows bullish traders becoming more comfortable with the $1,700 price level, creating an opportunity for further rallies
How Hong Kong Is Gearing Up to Regulate Stablecoins
21.2.2023
Requiring foreign entities who have already issued stablecoins to set up a Hong Kong entity for issuing stablecoins might throw up complications
The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20
20.2.2023
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem
Many stablecoins fall short of coming regulatory recommendations, says FSB chair
20.2.2023
The BIS-affiliated advisory body will release its final recommendations on global crypto asset regulation and supervision in July
Today in Crypto: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service, Stellar & USDC Added to Wirex Wallet
20.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service...
Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB
20.2.2023
The Financial Stability Board's recommendations for regulating crypto and stablecoins are set to be released in July 2023
Yield platform Stablegains sued for promoting UST as a 'safe' investment
20.2.2023
The stablecoin yield platform is being sued for customer losses following exposure to the Anchor Protocol and UST collapse last year
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
20.2.2023
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of...