Search

Nalezeno "Stablecoin": 3977

Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree

3.11.2023
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detailed that the funding is poised to advance Northern...

If PayPal's Stablecoin Is a Security, Anything Could Be

2.11.2023

Paypal Faces SEC Scrutiny Over New Stablecoin PYUSD, Cooperates With Document Production Request

2.11.2023
After releasing its new stablecoin PYUSD, the payments giant Paypal disclosed that the U.S. Securities and Exchange Commission (SEC) subpoenaed the company concerning the stablecoin. Paypal stated in its Form 10-Q for the third fiscal quarter that it had been asked to produce documents for the...

Today in Crypto: Xapo Bank Enables Non-US Members to Invest $10 in S&P 100 Stocks, Nym Technologies Reveals NymVPN Upcoming Launch and Info

2.11.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news Bitcoin and stablecoin custodian and licensed private bank Xapo Bank announced the launch of a new Stocks...

Stablecoin Issuer Circle Terminates Consumer Account Support

2.11.2023
Stablecoin issuer Circle is discontinuing support for consumer Circle Mint accounts. In a statement on its website, the company wrote, “Consumer-only Circle Mint accounts will no longer be supported and will be closed. No further action is required from the account holders in this...

First Mover Americas: SEC Subpoenas PayPal About USD Stablecoin

2.11.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

PayPal Faces Regulatory Scrutiny as SEC Subpoenas PYUSD Stablecoin

2.11.2023
The United States Securities and Exchange Commission (SEC) has issued a subpoena to global payment giant, PayPal over its newly launched stablecoin, PYUSD. On Nov 2, PayPal Holdings announced that it received a subpoena from the enforcement arm of the SEC tied to its U.S. dollar stablecoin...

PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin

2.11.2023
Global payments giant PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday

PayPal faces SEC action related to PYUSD stablecoin: Report

2.11.2023
PayPal was the first significant fintech firm to adopt digital currencies for payments and transfers after launching its stablecoin in August

Tether issues $610M debt financing to Bitcoin miner Northern Data

2.11.2023
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives

Hashkey Group to Issue Stablecoin In Partnership With Yuanbi Technology and Zhongan Bank

2.11.2023
At the KUN & Hashkey Exchange strategic cooperation signing ceremony held earlier today, Dr. Xiao Feng, the founder of Hashkey Group, announced plans to issue a stablecoin backed by the Hong Kong dollar. Hashkey Group will partner up with Yuanbi Technology and Zhongan Bank to issue...

Bitcoin crash pre-halving? Stablecoin metric that marked 2019 top flashes warning

1.11.2023
Two key BTC supply metrics show conflicting signals on whether a retracement will occur before the Bitcoin halving

Brazilian Tax Authority Acknowledges ‘Vertiginous Growth’ of Stablecoin Trading

1.11.2023
The Brazilian Tax Authority (RBF) recently published an article acknowledging the growth in stablecoin trading in the country, which has taken the Brazilian cryptocurrency market by storm. The most transacted stablecoin is Tether’s USDT, which has moved more than 271 billion reals (close...

Tether’s Q3 Attestation Reveals $3.2 Billion Excess Reserves Backing USDT

1.11.2023
Tether, a leading stablecoin provider, reported in its Q3 2023 report that it has $3.2 billion of excess reserves backing the value of its stablecoins, including USDT. On October 31, Tether Holdings Limited published its Consolidated Reserves Report (CRR) for Q3 2023, which has been validated...

Lack of Global Regulation and Inconsistencies Could Hinder Stablecoin Cross-border Utility: CPMI Report

31.10.2023
Financial authorities continue to tip stablecoins as a pathway to better cross-border payments but a new report shows that regulations, competition, and network scale pose threats to wider adoption. The Committee on Payment and Market Infrastructures (CPMI) explained the vast utilities...