Tag: Stablecoin
Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation
Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal…
New Zealand dollar stablecoin goes live through local crypto exchange
A New Zealand dollar-pegged stablecoin has gone live through a partnership with New Zealand crypto exchange Easy…
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave…
Paxos to issue USD stablecoin in Singapore, wins initial approval
Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning…
Stablecoin firm Tether minted 4B USDT in 4 weeks: Data
Major stablecoin issuer Tether has been increasingly minting new USDT (USDT) tokens, issuing 4 billion USDT over…
Industry Response: Bank of England and FCA Seek Feedback on Potential UK Stablecoin Regulation
Building off the back of the Financial Conduct Authority‘s (FCA) recent crypto marketing regulations, the UK regulator…
Progmat stablecoin platform takes shape as wallet, liquidity providers join
The Progmat Coin ecosystem is taking shape in Japan. With a market maker, wallet provider and cryptocurrency…
EU banking watchdog proposes liquidity rules for stablecoin issuers
The aim of the new liquidity guidelines is to ensure that the stablecoin can be quickly redeemed…
Stablecoin issuer Circle weighing up 2024 public launch: Report
USD Coin (USDC) issuer Circle is contemplating an initial public offering (IPO) in early 2024, according to…
Wintermute claims NEAR backed out of $11M stablecoin redemption deal
The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN…