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Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
14.2.2023
Paxos said it will engage with the US securities regulator on the matter and is prepared to "vigorously litigate if necessary."
Binance USD's $16B Market Cap Up for Grabs as SEC-Paxos Suit Stirs Up Stablecoin Rivalry
13.2.2023
Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog
Paxos to stop minting BUSD stablecoins for Binance
13.2.2023
All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said
Tether taps Cantor Fitzgerald to help oversee bond portfolio: Report
10.2.2023
The USDT issuer has made inroads into the traditional finance and accounting sectors as it attempts to increase transparency around its holdings
Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days
10.2.2023
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease...
Here's Why Cardano's New Stablecoin Could Be a Game Changer
9.2.2023
Read More: Here's Why Cardano's New Stablecoin Could Be a Game Changer
Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs, LocalBitcoins Closing down
9.2.2023
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: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs...
Tether assets exceed liabilities in new reserves report by BDO
9.2.2023
As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million
Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
6.2.2023
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets
Euro stablecoin launched in Finland, claims to be first approved in the EU
2.2.2023
USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States
Tether CTO Paolo Ardoino on taking the bull by the horn
2.2.2023
Stablecoins may have suffered an identity crisis in 2022, but Tether CTO Paolo Ardoino is bullish about the utility the sector provides
Tether CTO denies borrowing from bankrupt lender Celsius
1.2.2023
Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated
UK Treasury publishes crypto framework paper: Here's what's inside
1.2.2023
His Majesty’s Treasury published a long-anticipated consultation paper for the upcoming crypto regulation
UK native stablecoin integrates into 18,000 ATMs nationwide
31.1.2023
Brits can now withdraw physical cash for GBPT, a one-for-one pound sterling stablecoin, as well as other cryptos at ATMs in the United Kingdom
ADA-backed algorithmic stablecoin Djed launched on Cardano
31.1.2023
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit
Hong Kong will not tolerate algorithmic stablecoins in new regulation
31.1.2023
The new regulatory regime for stablecoins in Hong Kong should arrive no later than 2024
Montenegro's central bank teams up with Ripple on digital currency pilot project
30.1.2023
Montenegro’s prime minister announced a central bank “digital currency or stablecoin” project with Ripple; the Balkan country currently uses the euro instead of a national currency
Fed policy to align bank oversight could limit crypto activities by state banks
27.1.2023
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive
Today in Crypto: Moody’s to Develop a Scoring System for Stablecoins, Hive Ransomware Group Dismantled, Animoca Brands Subsidiary Hiring a Head of Degen Relationships
27.1.2023
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: Moody’s to Develop a Scoring System for Stablecoins, Hive Ransomware Group Dismantled, Animoca Brands...
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit
27.1.2023
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk...