Search
Biden Administration Will ‘Ultimately Be Supportive’ of Crypto: Circle CEO
7.12.2020
Oon CNBC’s ‘Squawk Box’ on Monday, Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto
Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened
6.12.2020
Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like...
Coin Center Donations Top $100K Worth of Dai Following Anti-Stablecoin Bill Proposal
4.12.2020
Donations in dai, USDC, and ether were sent to Coin Center via Gitcoin
US Treasury Wants Regulators to Watch for ‘Potential Risks’ in Digital Asset Innovation
4.12.2020
The department wants state and federal regulators to keep a vigilant watch on digital asset innovation
New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval
4.12.2020
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen...
Why Stablecoins Are the First Battleground of the Coming Crypto Regulation Wars
3.12.2020
The STABLE Act would force all stablecoin issuers to have bank licenses, a shot across the bow that portends an emerging legal challenge for the industry
Everyone's talking crypto for solving sub-Saharan Africa's payments problems
3.12.2020
Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth
Stablecoins Get Another Headache In US, Ethereum Camp Feels Attacked Too
3.12.2020
The stablecoin regulation act proposed in the US Congress has once again stressed an important difference between centralized and decentralized projects in terms of regulation.
There is much discussion currently in the Cryptoverse over the recent announcement of an act that seeks to regulate...
US lawmakers seek to make stablecoins illegal without federal approval
3.12.2020
A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first
US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters
2.12.2020
Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S
Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency
USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO
1.12.2020
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO
Libra Rebrands to ‘Diem’ in Anticipation of 2021 Launch
1.12.2020
The Libra Association is rebranding itself to "Diem" to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch
ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins
1.12.2020
ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin,...
Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says
30.11.2020
Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview
ECB President Touts Digital Euro, Bashes Bitcoin, Stablecoins
30.11.2020
Christine Lagarde. Source: A screenshot, Instagram/europeancentralbank
As the European Central Bank (ECB) is intensifying its efforts to roll out a digital euro, Christine Lagarde, President of the ECB, is also mounting attacks on bitcoin (BTC), among other cryptoassets and stablecoins.
In...
‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi Era
30.11.2020
With Basis Cash, a team of anonymous developers is making what might be called a fork of a project that never launched
BIS Paper Says There’s Potential to Embed Regulation Into Stablecoin Systems
25.11.2020
The need to regulate global stablecoins like Libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper
BIS report suggests ‘embedded‘ monitoring tool for stablecoins
24.11.2020
After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies
USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
22.11.2020
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020...