Search
Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets
21.11.2021
Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also...
A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern
19.11.2021
There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week....
Read More: A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern
Federal Reserve Governor Argues Against Subjecting Stablecoins to Full Banking Regulation
18.11.2021
Federal Reserve Board Governor Christopher Waller says that stablecoins do not need to be regulated with all the same rules as banks. He disagrees with some of the recommendations on stablecoin regulation by the President’s Working Group on Financial Markets. He explained that while banks...
Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant
17.11.2021
The total market capitalization of stablecoins increased five-fold in the past year alone
FMFW.io Has Listed Audited Asset-Based Stablecoin – EURST
17.11.2021
PRESS RELEASE. EURST will be listed on fmfw.io starting November 17th. The Euro representative digital coin you can purchase with FMFW.io with BTC and ETH pairs. Introduction to EURST Stablecoins, which have arisen due to the digital world’s development, are secured with assets, thus...
Sovryn to Enable Greater Financial Inclusion with Bitcoin-Backed Stablecoins
17.11.2021
The team at Sovryn, a Bitcoin native app for decentralized lending, notes that we’re currently in the middle of an unprecedented transition from a global economy relying on fiat and dominated by the USD to an economy based on BTC transactions. This gradual transition, from the legacy system to...
Valkyrie Will Launch On-Chain Defi Fund Next Week
17.11.2021
Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fund next week. This new fund would be substantially different than other, similar offerings, due to the location of the assets that will be available to earn yield...
Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America
11.11.2021
"Our long-term vision is to create a currency that is stronger than any fiat currency that exists now," said Reserve community manager Yens Michiels
Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says
11.11.2021
The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia, Elvira Nabiullina, told participants in an international banking forum. The governor also warned that cryptocurrencies and fiat-backed stablecoins create risks...
If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits
11.11.2021
The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within...
Retail-focused Singaporean CBDC to hedge against privately issued stablecoins
9.11.2021
The retail CBDC will be developed in partnership with private entities, which "would be the digital equivalent of today's notes and coins."
Regulators are coming for stablecoins, but what should they start with?
7.11.2021
Regulators are coming for stablecoins, and the best place to start is with transparency standards for collateral and financial activities
Stablecoin Valuations Continue to Swell, MIM and MUSD Market Caps Increase by Triple-Digits in 30 Days
6.11.2021
In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While terrausd’s market cap jumped by 6.7% over the last month, the stablecoin DAI saw an increase of 27.3%...
The stablecoin scourge: Regulatory hesitancy may hinder adoption
5.11.2021
U.S. Treasury’s recommendations, if adopted, could hinder stablecoin innovation in the near future, but in the long run, they might be a boon
Risk Harbor set to take over decentralized insurance protocol Ozone on Terra network
4.11.2021
The peer-to-peer insurance service provides DeFi users coverage in case of technical glitches on the Terra blockchain
Why Bitcoin bears are trying to keep BTC price below $62K for Friday’s options expiry
4.11.2021
Bitcoin price dropped to $60,700 today and bears are keen to pin the price under $62,000 in order to profit from Friday’s options expiry
Friday’s $540M Ethereum options expiry favors traders with targets at $5K
3.11.2021
$540 million in ETH options expire on Friday and data shows bulls have a good chance at securing the $5,000 level
Stablecoins report: SEC won’t lead regulation, Congress urged to act
3.11.2021
The SEC was denied a monopoly over the stablecoin sector, yet the risk of being designated “systemically important” persists
Crypto Community Smarts at US Regulators ‘Fear-mongering’ Stablecoins Report
2.11.2021
A joint call from the United States Treasury Department, the Federal Reserve, and financial regulators for Congress to grant them power over stablecoins and their issuers has drawn a decidedly mixed reaction from the crypto community....
Read More: Crypto Community Smarts at US Regulators...
An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM
1.11.2021
In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency...