2021-4-19 20:41 |
The central bank official said stablecoins issued by private companies may require "stronger regulatory rules" than Bitcoin.
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The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm based in the Cayman Islands.
2021-4-1 15:30 | |
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The Bank of Thailand (BOT) is set to draft regulations on stablecoins by the end of 2021. This comes following growing criticism from financial regulations regarding unlicensed stablecoins issued by private companies.
2021-3-21 18:31 | |
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The European Central Bank (ECB) has requested EU lawmakers to confer bank control over the issuance of stablecoins within the region. Reuters reported today that the ECB, via a legal memo issued on February 19, requested exclusive rights to determine stablecoin future within its jurisdiction.
2021-2-25 18:00 | |
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Her Majesty’s Treasury in the U. K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil.
2021-1-12 09:45 | |
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The cumulative transactional volume of all stablecoins across different blockchains have surpassed the $1 trillion mark in 2020 alone, The Block Research data on Dec 23 reveals. USDT and Ethereum Command Market Share Out of this, the USDT issued by Tether Limited is the most dominant with a market share of 73 percent followed byRead More
2020-12-27 18:00 | |
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The acting director of the U. S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U. S. digital dollar is a terrible one because the government is not good at building things.
2020-11-1 16:30 | |
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The Office of the Comptroller of the Currency (OCC) issued new guidance regarding stablecoins on Monday. “National banks and federal savings associations currently engage in stablecoin-related activities involving billions of dollars each day,” said Acting Comptroller of the Currency Brian P.
2020-9-23 17:06 | |
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U. S Securities and Exchange Commission (SEC) and the Office of the Comptroller of the Currency (OCC) issued a stablecoin guidance on Monday for U. S national banks and federal savings associations to hThe post U.
2020-9-22 01:35 | |
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The number of issued USDT stablecoins exceeded 15.1 billion. Their number barely exceeded 4 billion just a year ago.
2020-9-19 19:43 | |
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As other nations are rushing to launch central bank backed digital currency dubbed CBDC, Australia is not joining the bandwagon. As per the Australian local news platforms, the Reserve Bank of Australia recent payments paper indicates that the bank is taking a cautious stand when it comes to CBDCs and privately issued stablecoins.
2020-9-18 00:59 | |
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The 168-page long leaked version of the draft legislation of “Markets in Crypto Assets (MiCA)” by the European Commission provides legal certainty about digital currencies. To be issued later this month, the set of regulations will be covering the issuance and trading of digital assets across the bloc.
2020-9-17 19:10 | |
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During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash blockchain.
2020-7-19 03:30 | |
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SFB Technologies' chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins.
2020-7-8 00:30 | |
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One of the newer entrants to the DeFi space, Curve, is riding the wave of demand for the freshly issued Compound governance token, COMP.
2020-6-17 00:08 | |
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TRON has just launched a new DeFi platform known simply as JUST, which operates similarly to the MakerDAO in that stablecoins are issued when a user locks up native tokens in the smart contract—in this case, TRX coins.
2020-5-12 20:46 | |
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The total capitalization of stablecoins is approaching $10 billion. In April 2020 alone, Tether issued more than $1 billion in USDT coins.
2020-5-12 17:31 | |
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Many commentators in the cryptocurrency space are writing that there has been an unprecedented increase in demand for USD-backed stablecoins. However, only the Tether Treasury seems to be printing more of its stablecoin at this point.
2020-4-27 17:10 | |
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The increase in stablecoins has been unprecedented in the past two months. This has led to some theories about what’s behind it. As you may have noticed, the amount of stablecoins being issued daily is at a remarkable rate.
2020-4-23 12:15 | |
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The Financial Stability Board (FSB) has issued recommendations calling for a unified approach to crypto regulations for stablecoins that adequately account for the risks posed by global private payment projects like Facebook’s Libra.
2020-4-15 14:30 | |
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The cryptocurrency market is still struggling to find itself after posting record losses on Thursday. Binance has decided to give it another cash injection of $7M. Binance, together with the PAX Treasury, has just issued over $7 million worth of its own stablecoin Binance USD (BUSD).
2020-3-15 11:20 | |
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The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force.
2020-2-24 08:50 | |
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The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions.
2020-1-31 18:00 | |
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PAX Treasury has just issued more of its stablecoins. Both Binance USD (BUSD) and Paxos Standard (PAX) were minted this morning. PAX has kept a low-profile in recent memory but it seems that its Treasury is busy today minting more of its stablecoins.
2020-1-14 17:28 | |
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If Facebook’s Libra project is to succeed it should use stablecoins issued by regulated third parties rather than create its own crypto-assets, that’s the conclusion of a new position paper publisThe post Trusted third parties should issue stablecoins, not Facebook- eToro believes partnering with authorized partners is the key to success for Libra appeared first on AMBCrypto.
2019-11-29 15:30 | |
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The year 2019 is slowly becoming the era of stablecoins. It appears a new type of currency will be issued in the Tezos blockchain, called USDTZ. The demand for stablecoins is not slowing down in the cryptocurrency industry.
2019-11-22 02:00 | |
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Facebook’s proposed Libra ‘cryptocurrency’ has run into further resistance, this time from a G7 taskforce. The group issued a report stating that ‘global stablecoins’, such as Libra, should not begin operation until proven safe and secure.
2019-10-14 14:00 | |
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Coinbase recently celebrated the one-year anniversary release of its own stablecoin called USDC. It is currently the second-largest stablecoin in the world with over $1B issued. Stablecoins have exploded in trading volume this year.
2019-9-28 12:05 | |
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According to a notification issued by FINMA, the regulator has confirmed that stablecoins will be treated just like any other blockchain-based token in Switzerland, September 11, 2019. The Libra Association requested FINMA to disclose how the network would be treated, and the regulator has stated that Libra will be classified as financial infrastructure.
2019-9-12 23:00 | |
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Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency. Tether Continues its March The Hong Kong company said in a short blog post that the new stablecoin, known as CNHT, would be pegged one-to-one to the offshore Chinese yuan.
2019-9-10 00:15 | |
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With at least 40% of all issued Tether stablecoins running on the Ethereum network, the controversial but popular coin has begun testing the blockchain's capacity, making it tough for developers to work on the network.
2019-8-27 23:48 | |
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Stablecoins continue to play an increasing role of importance in the crypto industry. Particularly Tether’s USDT remains one of the most prominent offerings. SinpleSwap now lets users convert USDT in between all the supported chains this asset is issued on.
2019-8-14 04:00 | |
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Jeremy Allaire’s Circle issued a U. S. dollar-backed stablecoin before stablecoins were cool. Now that Facebook has joined the fray with its Libra coin, which is designed to be backed by a basket of fiat currencies (and maybe other financial instruments), the spotlight on stablecoins has grown brighter.
2019-7-30 03:15 | |
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BabelFinance, a bank offering service to crypto-investors, crypto-miners and institutions related to crypto, is in the news after it announced that it had issued crypto-backed loans worth $110 million, out of which $88 million were outstanding loans.
2019-6-13 14:30 | |
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Tether Ltd. Releases Bank Statements, Showing Proof that It Has Enough USD to Back USDT in Circulation Tether is one of the most popular stablecoins in existence and is also a very controversial one and it has been involved in several scandals over the last few years. Since it gained popularity it had been accused […]
2019-6-12 16:22 | |
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Ontology is to launch the Paxos Standard stablecoin, a regulated token backed by U.S. dollars, on its blockchain.
2019-4-29 05:50 | |
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Some in the cryptocurrency space have wondered if the appearance of the new big bank issued stablecoins will make cryptocurrencies disappear. Ripple has the ambition to create a new worldwide payment system.
2019-4-21 18:30 | |
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EToroX, the blockchain division of global social trading platform eToro, has launched a crypto exchange for pro traders and issued eight stablecoins
2019-4-17 18:08 | |
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In an announcement today, eToroX – the specialized blockchain division of social trading platform eToro – revealed it is launching a new cryptocurrency-only exchange desk for pro traders. The new platform will support trading in six cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and Dash.
2019-4-16 15:59 | |
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CryptoNinjas IOST, a scalable and secure blockchain platform, has announced the launch of iUSD – a cross-chain stablecoin issued on the IOST blockchain. Blockchain applications built on the IOST ecosystem can use stablecoins to execute payment transfers with low exchange rate fluctuations.
2019-3-12 02:06 | |
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An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019.
2019-2-23 00:42 | |
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Stablecoins are a welcome attempt to bring stability to the digital assets market. Much like a country pegging its volatile currency to a more stable country’s currency in an effort to make its economy more predictable and attractive to investors, digital assets issued by companies like Tether and Haaven are anchoring to the U.
2019-1-24 23:12 | |
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Stablecoins are one of the safest bets in the crypto space. Compared to the rock star price movements we’re accustomed to with other cryptocurrencies, they might even be seen as a little boring.
2019-1-11 02:12 | |
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A new report presents evidence of Tether’s legitimacy, suggesting the stablecoins issued match the company’s fiat holdings.
2018-12-19 23:18 | |
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Bitcoin payment platform BitPay is now going to allow payments with the Paxos Standard token (PAX), which it calls “the fastest growing stablecoin and the highest trading volume of any U.
2018-11-22 00:25 | |
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Binance — one of the most popular digital currency exchanges across the globe — has announced that it will be adding the fiat-collateralized stablecoin USD Coin (USDC) to its trading platform on November 17, 2018.
2018-11-15 21:11 | |
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As a company looking to give users full control over their digital rights, Blockstack is piloting a new app mining program that encourages designers to create new applications directly on Blockstack’s platform and earn rewards in bitcoin.
2018-10-24 00:30 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-10 21:30 | |
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