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ForkLog 25 13.10.2020

G20 financial regulator refines recommendations for regulating stablecoins

The Financial Stability Board (FSB) of the G20 published the final version of recommendations for regulating, supervising, and overseeing stablecoins.

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ForkLog 14 12.10.2020

Opinion: Tether dominates cryptocurrency trading

In the first quarter of 2017, only 5% of trading volume was denominated in Tether, while BTC pairs accounted for half. Now USDT pairs form 70% of trading volume, another 4% — other stablecoins, and BTC’s share has fallen to 15%.

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ForkLog 14 12.10.2020

ForkLog Report: September DEX trading volume reaches $23.5 billion

Trading volume of decentralized exchanges (DEX) last month reached $23.5 billion. This is twice as high as in August. This is stated in ForkLog's September analytical report.

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ForkLog 23 05.10.2020

Singapore launches stablecoin backed by the Singapore dollar

The payments company Xfers unveiled the XSGD stablecoin pegged to the Singapore dollar. In a statement, the move brings the project closer to creating \"a reliable and open financial system in Southeast Asia.\"

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ForkLog 13 30.09.2020

DeFi in Practice: Final Takeaways from ForkLog Conference

On September 29, ForkLog Live hosted the online conference “DeFi: A Practical Guide.” Nine speakers discussed the trends and challenges in the decentralized finance market and debated regulatory prospects. Here is a brief summary of their presentations.

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ForkLog 9 29.09.2020

Waves.Exchange launches ‘decentralised Forex’ built on stablecoins

Waves.Exchange has launched the stablecoin-based DeFo ecosystem, combining elements of the traditional Forex market, staking, and decentralized trading protocols such as Uniswap, according to ForkLog representatives of the platform.

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ForkLog 24 27.09.2020

Opinion: DAI at risk from centralised stablecoins as collateral

The stablecoin DAI is 40% collateralised by centralised assets — USDC, WBTC, TUSD and PAX, according to The Block's analysis.

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ForkLog 14 25.09.2020

EU Regulation Rules Alarm Blockchain Industry

EU Commission's new rules for crypto assets could overload the industry, risking a flight of companies from the European Economic Area. This is stated in a statement by the International Association of Trusted Blockchain Applications (INATBA).

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ForkLog 16 25.09.2020

Stablecoins’ aggregate value tops $20 billion

Over the last 12 months, the aggregate market capitalization of stablecoins rose by 300%, topping $20 billion.

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ForkLog 31 24.09.2020

EU proposes regulation of cryptocurrencies and stablecoins

The European Commission unveiled rules for regulating cryptocurrencies and stablecoins. The 168-page document sets out not only asset requirements but also the creation of a sandbox for blockchain projects.

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ForkLog 26 22.09.2020

ECB proposes dropping the term ‘stablecoin’ as misleading

The European Central Bank (ECB) proposed replacing the term 'stablecoin' with something less 'misleading'. In the regulator's new report, it is noted that this definition may apply only to correctly created and well-regulated digital assets.

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ForkLog 26 21.09.2020

U.S. regulator allows banks to hold stablecoin reserves

The Office of the Comptroller of the Currency (OCC), part of the U.S. Treasury, has allowed national banks and federal savings associations to hold stablecoin issuers' reserves.

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