2023-10-6 20:11 |
Hong Kong official reinforces that retail investors cannot trade stablecoins until they are regulated, likely in 2024.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024.
2023-10-6 13:12 | |
|
|
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.
2023-7-11 00:30 | |
|
|
The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology.
2022-7-15 23:00 | |
|
|
A survey has revealed that 75% of U.S. retail businesses plan to accept payment in crypto or stablecoins within the next two years. The post Three-Quarters of US Retailers Expect to Accept Crypto in Two Years appeared first on BeInCrypto.
2022-6-9 18:30 | |
|
|
Could stablecoins be undone by a Federal Reserve that takes consumer deposits? Would retail banks be hobbled?
2022-1-21 19:41 | |
|
|
The retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.”
2021-11-10 14:00 | |
|
|
Meanwhile, Bank of Japan Governor Haruhiko Kuroda showed concerns towards stablecoins which are “closely linked to the central bank currency,” as they could have “some impact on the financial system.
2021-10-4 16:08 | |
|
|
Retail users may have to wait in much of the world, however.
2021-1-23 22:23 | |
|
|
Retail and wholesale stablecoins With the introduction of Libra, now Diem, there was the promise of a crypto asset that would empower the unbanked, allowing them to participate in the financial world and make low cost international payments.
2020-12-18 16:47 | |
|
|
China appears to be in the final phases of testing its CBDC, digital yuan. The country recently expanded the tests to new cities, and its central bank revealed that the coin is only used for small retail transactions at this time.
2020-8-25 14:43 | |
|
|
The U.S. Federal Reserve is hiring a manager for its Retail Payments section to research digital currencies and stablecoins
2019-11-6 05:13 | |
|
|
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire.
2019-11-5 02:45 | |
|
|
VirgoCX is a secure, reliable, and liquid cryptocurrency exchange platform that deals in buying, selling, and trading digital assets such as Bitcoin, Ethereum, stablecoins, and more. The Toronto-based fiat-to-crypto exchange offers the best-in-class trading experience to a global network of both retail and institutional investors.
2019-7-26 01:04 | |
|
|
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceTether, the stablecoin asset provider, today announced their integration with the recently launched Algorand protocol. Fiat-based stablecoins, such as Tether, provide a dependable on-ramp to the crypto ecosystem for retail and institutional participants alike.
2019-7-17 16:29 | |
|
|
Analysts at the Reserve Bank of Australia claimed that neither general cryptocurrencies nor stablecoins can be an alternative to fiat in local retail payments
2019-6-20 17:02 | |
|
|
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
|
|
Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
|
|
Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.
2018-7-18 22:00 | |
|
|
| Analogue Notcoin - TapSwap |
USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up…
Former Commodity Futures Trading Commission Chair J. Christopher Giancarlo will join the board of directors at Paxos.
Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins. ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals by central bank.
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
Investors remain bullish as stablecoin market cap hits $161 billion, reflecting strong liquidity and smart money movements. The post More liquidity: stablecoin market cap grows $4 billion despite Bitcoin’s pullback appeared first on Crypto Briefing.