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Chinese Central Bank Opts For Usual CBDC Rhetoric In Bashing Bitcoin, Stablecoins
8.7.2021
Source: Adobe/Prostock-studio
Similarly to other central banks, China’s central bank has taken another swipe at bitcoin (BTC), stablecoins and “private digital currencies” – claiming that they have inherent potential “risks that threaten financial security.”
At a recent press conference, Fan Yifei...
New Zealand's Reserve Bank consulting public on a potential CBDC
8.7.2021
The Reserve Bank of New Zealand will look at the potential for a CBDC “to work alongside cash as government-backed money,” and assess the issues around the emergence of crypto assets such as stablecoins
Wyoming legally recognizes first DAO in the United States
5.7.2021
Wyoming is further solidifying its position as the most crypto-friendly state in North America
Stablecoins under scrutiny: USDT stands by ‘commercial paper’ tether
2.7.2021
Are stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins
Messari: USDC set to become ‘dominant’ stablecoin on Ethereum
1.7.2021
Tether supplies on Ethereum are dwindling as USD Coin demand grows and grows
Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair
28.6.2021
Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.S. dollar-pegged coin could help provide support for its fiat counterpart
Iron Finance bank run stings investors — A lesson for all stablecoins?
28.6.2021
The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization
Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets
27.6.2021
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins...
Federal Reserve official: Stablecoin growth is 'exponential,' deserves 'attention'
26.6.2021
Boston Federal Reserve President Eric Rosengren notes that Tether could be a "disruptor" to short term credit markets
Opera announces support for Celo stablecoins in its crypto wallet app
25.6.2021
Opera has added Celo-based stablecoins to the list of supported assets in its wallet app
How stablecoins stay stable, explained
24.6.2021
Stablecoins use a variety of techniques to keep their value fixed, generally to a specific fiat currency like the U.S. dollar
Trust is key to mainstream adoption for stablecoins, says Paxos CEO
24.6.2021
In order to go beyond the crypto ecosystem, stablecoins need solid regulations, Paxos CEO Charles Cascarilla said
Will regulation adapt to crypto, or crypto to regulation? Experts answer
23.6.2021
Here’s what crypto and blockchain industry experts think about the regulatory dilemma related to cryptocurrency
Privacy Is Key for Successful Digital Euro, Data Protection Body Says
22.6.2021
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an ECB executive has vowed that the digital euro will...
Signature Bank’s Blockchain Payment Platform to Accept Trueusd Stablecoin
21.6.2021
As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver 24/7 Dollar Payment and Settlement As more enterprises flirt with...
Digital euro offers better privacy protections than private stablecoins: ECB official
21.6.2021
Unlike private companies, the ECB has “no commercial interest” in monetizing users’ data, the ECB executive board member argued
More Than Two Dozen Crypto ATMs to Be Installed in Texas-Based H-E-B Grocery Stores
19.6.2021
H-E-B shoppers will soon be able to obtain digital assets at more than two dozen locations in Texas. Coin Cloud, a crypto automated teller machine (ATM) provider, says 29 H-E-B stores will feature kiosks that provide access to more than 30 crypto assets including defi tokens and stablecoins. H-E-B...
Mark Cuban calls for stablecoin regulation in wake of Iron Finance 'bank run'
18.6.2021
After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.”
Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation
18.6.2021
Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to near zero. Cuban Wants Defi and Stablecoin Regulation After Investing in Collapsed Token...
Australia’s Top Regulators Monitor Impact of Stablecoins
17.6.2021
The leading six regulators of Australia are analyzing the effect of exclusively-owned stablecoins in the market. Stablecoins are a type of cryptocurrency assets that have their value connected to any traditional asset like fiat currency or gold. Such linkage reduces the chances of volatile trends...