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Stablecoin Startup Terra Expands to Mongolia With Taxi Payment Service
13.12.2019
Terra is partnering with a Mongolian taxi company to let residents pay for rides using a stablecoin
ECB President: ‘We Better Be Ahead of Curve’ on Stablecoins
12.12.2019
Christine Lagarde says financial institutions should foresee the demand for stablecoins
Equilibrium’s Stablecoin Now Has $17.5M in Insurance That Pays Out Automatically
12.12.2019
Equilibrium will hold 6.5 million EOS tokens in reserve as an insurance policy for users should its stablecoin lose its peg
Bitpay Launches Support For Three USD Stablecoins — But Not Tether
11.12.2019
BitPay is now formally accepting stablecoins for payment, but not the one which is by far the most widely used
Saga Stablecoin Goes Live Backed By Basket of Fiat Currencies
10.12.2019
Saga Monetary Technologies has finally launched its SGA stablecoin, and it's already planning to break away from its pegged basket of currencies
Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency
9.12.2019
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto...
Venture Capitalists Have Invested Over $200M in Stablecoins
6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...
EU Won’t Let Stablecoins Enter Its Market Until Risks Are Addressed
5.12.2019
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement
Crypto-Focused Lender Blockfi Launches Trading Platform
5.12.2019
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...
EU Confirms its Firm Stance on All Stablecoins, Not Facebook's Libra Only
5.12.2019
The EU has taken a firm stance on stablecoins. But a senior government official in Lithuania says the move will not stop stablecoin operators from proceeding with their plans as the EU is not against innovations and simplified payments.
Today, the Council and the commission adopted a joint...
Top US Financial Regulators Urge Monitoring of Digital Assets, Stablecoins
5.12.2019
A panel of top U.S. financial regulators urged federal and state officials to monitor risks from digital assets like bitcoin
EToro: Facebook Should Drop Libra and Support Third-Party Stablecoins
28.11.2019
Facebook needs to change strategy and focus on the Calibra wallet — not Libra — to assure success, say eToro’s blockchain researchers
Stablecoins Can Temper US Dollar Hegemony Risks, Says Non-Profit Exec
27.11.2019
The systemic risks posed by U.S. dollar domination of global foreign currency reserves could be tempered by stablecoin issuance, analysts argue in a new piece for the WEF
ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe
26.11.2019
Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure
Exclusive: ‘Nothing Is Above Bitcoin, No CBDC, No Stablecoins,' Says Blockstream CEO Adam Back
26.11.2019
Just wait until you hear what he has to say about Libra
Human Rights Foundation: Stablecoin Privacy Is ‘Extremely Lackluster’
22.11.2019
The Human Rights Foundation has published its analysis of major stablecoins’ privacy tooling and censorship resilience, stating that stablecoin privacy is “extremely lackluster”
Stablecoins ‘Pose Risk to Financial Stability’ Warns Federal Reserve
16.11.2019
Stablecoins only “complementary” if they obey regulators, suggests Fed
Samson Mow: Stablecoins Are a ‘Mid-Step Towards Hyperbitcoinization’
15.11.2019
Tether dwarfs other stablecoins but use will stay limited, says Samson Mow
DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z
14.11.2019
It's one of the largest venture capital investments in a decentralized finance (DeFi) startup to date
Brad Garlinghouse Speaks about Libra, Ripple, and Stablecoins at Washington DC Fintech Week
14.11.2019
Washington DC’s annual Fintech Week was recently concluded and it was quite an important one from the perspective of the crypto industry. One of the most influential personalities from the industry, Ripple CEO Brad Garlinghouse, attended the event and spoke about various aspects of the crypto...