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Nalezeno "cz stablecoins": 1878

Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says

22.7.2021
Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro after a decade-long delay, if cryptocurrency is taken...

Tether promises an audit in 'months' as Paxos claims USDT is not a real stablecoin

22.7.2021
Tether’s general counsel said a full audit is coming in months

Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether's mad money

21.7.2021
Grant Horton has conducted an audit on USDC’s reserves and Jim Cramer has questioned what's going on with Tether's commercial paper reserves

Treasury Secretary Yellen Asks US Regulators Overseeing Crypto Assets to ‘Act Quickly’ to Regulate Stablecoins

21.7.2021
U.S. Treasury Secretary Janet Yellen has asked the regulators overseeing crypto assets to “act quickly to ensure there is an appropriate U.S. regulatory framework in place” for stablecoins. U.S. Department of the Treasury’s Office of Public Affairs announced Monday the outcome...

Mastercard Enhancing Program for Cryptocurrency Wallets and Exchanges

21.7.2021
Payments giant Mastercard has announced that its crypto card program is being enhanced for cryptocurrency wallets and exchanges. The company said, “Making the process simpler will allow more banks and crypto partners the opportunity to offer their consumers the choice of paying with...

Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets

20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...

Mastercard To Use Stablecoins In a Simplified Crypto Payments Card Offering

20.7.2021
Source: Adobe/Игорь Головнёв Payments giant Mastercard announced an enhanced card program for cryptocurrency wallets and exchanges that aims to make it easier for partners to convert cryptocurrency to fiat currency. The program is expected to reduce friction and improve customer experience as well...

Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes

20.7.2021
The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day....

USDC Operator Happy After Yellen Calls Stablecoins ‘National Security’ Concern

20.7.2021
Janet Yellen. Source: A video screenshot, Youtube/Credit Suisse At least one major stablecoin operator has welcomed the news that the American government is set to direct regulators to “act quickly” on fiat-pegged tokens. In an official statement, the American Treasury Secretary Janet Yellen stated...

Treasury secretary Yellen urges lawmakers to quickly introduce stablecoin guidelines

20.7.2021
The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months

Fed takes on stablecoins: 5 things to watch in Bitcoin this week

19.7.2021
Bitcoin continues its recovery from the China mining debacle but price action remains delicate in a low-volume market

Fed and Yale researchers lay out 2 regulatory frameworks for stablecoins

19.7.2021
Yale Professor Gary B. Gorton and Jeffery Zhang of the Board of Governors of the Federal Reserve System have co-authored a 49-page paper called, “Taming Wildcat Stablecoins.”

Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin

18.7.2021
According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U.S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin. Some Say the Colón-Dollar...

US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC

17.7.2021
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this...

U.S. financial agencies will meet to discuss the future impact of stablecoins

16.7.2021
They intend to discuss the regulation of stablecoins, as well as the technology's potential benefits and risks

Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume

16.7.2021
Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago,...

Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’

15.7.2021
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair also insists that the U.S. is not in danger of losing its reserve currency...