Sam Bankman-Fried signals possible launch of FTX stablecoin
FTX chief Sam Bankman-Fried told The Big Whale in an interview that the crypto exchange is working on its own stablecoin.
Sam Bankman-Fried signals possible launch of FTX stablecoin
FTX chief Sam Bankman-Fried told The Big Whale in an interview that the crypto exchange is working on its own stablecoin.
MAS proposes tighter oversight of the crypto industry
The Monetary Authority of Singapore (MAS) presented two consultative documents aimed at reducing potential consumer harm from the volatility of the cryptocurrency market.
Laguna Labs launches a testnet for a flatcoin pegged to inflation
The Laguna Labs team launched a testnet for Nuon — a decentralised token pegged to changes in the cost of the consumer basket.
NEAR Foundation to discontinue support for the USN stablecoin
The NEAR Foundation's USN stablecoin project will wind down due to multiple risks.
FDIC chief expresses cautious optimism about the use of stablecoins in payments
Stablecoins as a means of payment deserve consideration; the FDIC is looking to gather more information for proper regulation of banks with respect to crypto assets. This was stated by the acting head of the agency, Martin Gruenberg.
US congressman questions speed of stablecoin legislation
The bill to regulate stablecoins will not be passed soon due to upcoming elections to the U.S. Congress. This view was expressed by Representative Jim Himes in an interview with CoinDesk.
Kevin O’Leary forecasts Bitcoin rally after stablecoin regulation bill passes
Investor and Shark Tank star Kevin O’Leary stated that the price of the leading cryptocurrency would resume its rise after the passage of the bill regulating stablecoins.
Congress Signals Tough Debates Over Stablecoins Law
Cross-party cooperation in developing a comprehensive federal law on stablecoins in the United States deserves praise, but the negotiations ahead will be tough. This was stated by one of its authors, Representative Patrick McHenry, according to Cointelegraph.
Tether Limited wipes out commercial-paper exposure in USDT reserves
The issuer of the USDT stablecoin — Tether Limited — has completely abandoned commercial paper in its reserves, replacing them with US Treasury bills.
G20 regulator flags instability in stablecoins
No stablecoins currently meet the standards set for digital assets by the central banks of the world's largest economies. This conclusion was reached by the Financial Stability Board (FSB) under the G20.We use cookies to improve the quality of our service.
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