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Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
21.4.2023
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them
Ethereum Price Prediction as European Financial Firm Launches Euro Stablecoin on Ethereum Blockchain – ETH to $10,000 in 2023?
21.4.2023
The Ethereum price has fallen by 1.5% in the past 24 hours, as the cryptocurrency market suffers a similar 2% fall in the same period.
At $1,920, ETH is also down by 4.5% in the last week, yet remains up by 6% in the last 30 days and by 60.5% since the beginning of the year.
Despite today's fall...
'Worst code I've ever seen': Euro stablecoin faces centralization criticism
21.4.2023
Some pundits shared harsh sentiment towards a new euro-pegged stablecoin, but it's not publically accessible for the time being
Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield
20.4.2023
The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm
Today in Crypto: SG-FORGE Reveals the EUR CoinVertible Stablecoin, Three Silvergate FTX-related Lawsuits Combined, Voyager Strikes Deal with US Government to Sell Assets to Binance.US
20.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: SG-FORGE Reveals the EUR CoinVertible Stablecoin, Three Silvergate FTX-related Lawsuits Combined, Voyager...
House Lawmakers Rekindle Stablecoin Regulation Debate, Revealing Partisan Rifts
20.4.2023
Lawmakers in the US House of Representatives are again looking at regulations on stablecoins under new Republican leadership, but partisan differences and bickering between the two sides may delay the passing of any new law on the topic....
Read More: House Lawmakers Rekindle Stablecoin Regulation...
Societe Generale's Crypto Division Introduces Euro Stablecoin on Ethereum
20.4.2023
EURCV will be offered to institutional clients as a means of bridging the gap between traditional capital markets and digital assets
Societe Generale launches euro-pegged stablecoin on Ethereum
20.4.2023
The EURCV stablecoin is only available to institutional investors onboarded by Societe Generale through its KYC and AML procedures
Lack of stablecoin regulation could push issuers out of US: Austin Campbell
19.4.2023
Lawmakers didn't reach a consensus between political parties on a stablecoin bill, as one witness warned this lack of regulatory clarify could drive certain projects abroad
Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
19.4.2023
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday
The Big Issues of Stablecoin Issuance
19.4.2023
Here are the key issues as the House Financial Services Committee hears testimony about stablecoin regulation
What’s in the House Financial Services Committee’s Stablecoin Bill?
19.4.2023
The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while calling for a temporary ban on algorithmic stablecoins
Speakers prepare to tell US House Financial Services Committee about stablecoins
18.4.2023
Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance
Crypto Lender Amber Group May Sell Japan Unit to Focus on Institutional Clients
18.4.2023
Crypto lender Amber Group is considering options for its Japan unit, including a potential sale, as part of its plan to focus more on institutional clients, managing partner Annabelle Huang told Bloomberg.
Japan is a "very high-quality market, but regulations are strict," Huang said, noting that...
Israel's Central Bank Outlines Scenarios for Issuing a Digital Shekel
18.4.2023
The bank made it clear that no decision has yet been made on issuing a central bank digital currency
Israel’s central bank says CBDC could be issued if stablecoin use increases
18.4.2023
The Bank of Israel does not want private companies taking over the digital payments system in the country
Bank of England preparing for greater role of tokenization in finance, official says
17.4.2023
BoE deputy governor Sir Jon Cunliffe looked at stablecoin, CBDC and other forms of tokenization taking hold in the modern economy in a speech on financial innovation
All eyes are on stablecoins: Law Decoded, April 10–17
17.4.2023
A week before a hearing in Congress, the United States gets stablecoin regulatory framework
Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
17.4.2023
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year...
Draft U.S. Stablecoin Bill Shows Major Difference Between Stablecoins and CBDCs
17.4.2023