Circle CEO Calls for Clear US Laws on Stablecoins to 'Unleash' Their Potential

2022-11-16 13:00

Circle CEO and founder Jeremy Allaire wrote to prominent financial services lawmakers in the U.S., calling for workable, clear legislation on stablecoins and warning of the risks to the country of not doing so.

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Источник: coindesk.com

stablecoins clear → Результатов: 21

WazirX Announces Delisting of USDC, USDP, and TUSD in a Clear Boost to BUSD

India-focused crypto exchange WazirX will unlist three leading stablecoins — Circle’s USDC, Paxos’ USDP, and TrueUSD’s TUSD — effective September 26. In a statement, the company said that users could withdraw their funds by October 5, after which these stablecoins will automatically be converted into BUSD.

2022-9-24 12:42	Cryptocurrency News
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Russian gov't working on stablecoin settlement platform between friendly nations: State media

“Stablecoins can be pegged to some generally recognized instrument, for example, gold, the value of which is clear and appreciable for all parties involved," said Alexey Moiseev.

2022-9-7 21:32	Payments
value gold instrument example clear said alexey

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Japan’s Parliament Introduces Framework For Stablecoins To Protect Investors

According to Bloomberg, Japan’s parliament enacted a legislative framework surrounding stablecoins pegged to the yen or another fiat currency on Friday. This is a historic move. The bill makes it clear that stablecoins are digital money.

2022-6-4 19:00
stablecoins japan parliament framework historic friday move

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Wall Street Blockchain Alliance advisory chair calls for crypto audit standards following LUNA’s collapse

The recent LUNA crash calls for the need for clear, consistent, and iterative audits for all crypto assets, especially stablecoins, according to Wall Street Blockchain Alliance advisory board chair Sean Stein Smith.

2022-5-31 23:00	Analysis
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Trust in stablecoins ‘infinitely more important’ than collateral

As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with a clear use case.

2022-5-14 10:11	Decentralization
stablecoins push should thinks builders coins use

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USD Coin [USDC] vs TerraUSD [UST]- Investors can consider this winner

It seems like the armies are gearing up for a battle of stablecoins. Looking at the top ten cryptos by market cap, it's clear that Tether [USDT] reigns supreme. However, USD Coin [USDC] is the fifth bThe post USD Coin [USDC] vs TerraUSD [UST]- Investors can consider this winner appeared first on AMBCrypto.

2022-5-3 18:30	News
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Senate Banking Committee Split on How to Regulate Stablecoins

During the Senate Banking Committee hearing on stablecoins, a call for regulating the fiat-backed stablecoins was made, but what they will look like is to be seen. “Let’s be clear about one thing: if you put your money in stablecoins, there’s no guarantee you’re going to get it back,” Senate Banking Committee Chairman Sherrod Brown […] The post Senate Banking Committee Split on How to Regulate Stablecoins first appeared on BitcoinExchangeGuide.

2021-12-15 17:02	Stablecoins
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New bill proposes US Treasury to have full authority over fiat stablecoins

The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar.

2021-7-30 13:29	United States
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Bitcoin, stablecoins and DeFi: 2020’s top-performing crypto assets

2020 may have been filled with challenges, but Bitcoin, stablecoins and DeFi protocols are the clear top performing crypto assets for the year.

2021-1-1 23:27
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Facebook's Libra has potential; must re-work design, proposal: JP Morgan

Recent reports have made it clear that central governments, presently, are not thinking about stablecoins as an option. If anything, they are planning to ban them altogether, fearing that stablecoins The post Facebook's Libra has potential; must re-work design, proposal: JP Morgan appeared first on AMBCrypto.

2020-2-22 20:30	Trading View
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The Main Property of Cash is Anonymity, How about Stablecoins?

Coinspeaker The Main Property of Cash is Anonymity, How about Stablecoins?What will happen to the centralized stablecoins in terms of payment anonymity? At the moment only one thing is clear: the banks will likely force masses to use their stablecoins with anonymity or without it.

2019-12-24 11:49	ubisoft
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President of European Central Bank Pushes To ‘Be Ahead’ Of Stablecoins Demand

Christine Lagarde is the president of the European Central Bank, and she’s recently made it clear how highly she holds stablecoins. In a recent tweet, she urged the bank to take note of the substantial demand for stablecoins in the world, adding that the institution needs to “be ahead of the curve,” regarding the issuance […]

2019-12-13 01:46	Legal & Regulation
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European Union Makes Its Position on Global Stablecoins Clear

Coinspeaker European Union Makes Its Position on Global Stablecoins Clear The Council of the European Union and the European Commission indicated the official EU position on global stablecoins.

2019-12-6 15:14	Libra
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Stablecoins Vulnerable to Regulatory Uncertainty: European Central Bank

The European Central Bank says stablecoins with clear governance may be hampered by regulation uncertainty

2019-8-30 20:35	Central Bank
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With New Exchange Listings and Demand, New Stablecoins See Pegs Broken

Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.

2018-10-17 01:17	Digital assets
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As Tether’s Peg Slips, Bitcoin Price Is Distorted Across Market

Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market.

2018-10-16 22:06	Digital assets
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Wyre Adds MakerDAO Stablecoin Pairing for Global Money Transfers

Blockchain money transfer company Wyre has announced a partnership with MakerDAO, creator of the Dai stablecoin, to offer Dai as part of a fiat-crypto trading pair in more than 30 countries across the world including the U.

2018-8-15 00:54	Payments
dai wyre fiat money through bitcoin like

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Yes, Stablecoins Can Secure Official Audits from Major Firms

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.

2018-7-26 18:55	Digital assets
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Malta-based STASIS Launches New Euro-Backed Stablecoin

Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end.

2018-7-16 19:46	Investing
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Binance Could Come Back to India by Paying $2M Fine: Report

The exchange could return as a FIU-registered firm after paying the fine, the report added.

Canadian Province Asks QuadrigaCX Co-Founder to Explain His Wealth in New Order

This is the third test for the Province's new tool to combat money laundering.

U.S. CBDC Is Unlikely in the Near Term: Bank of America

The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.

India's Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges

India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.

U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia

Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.

EU Formally Agrees on New Crypto Tax Data Sharing Rules

The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.

Binance Japan Starts Onboarding Users

Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.

2022-11-16 13:00

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