2019-8-1 23:30 |
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations origin »
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According to a statement released by the Arizona State Government yesterday, the office of the local Attorney General has accepted Sweetbridge as being one of the first three projects to be incorporated into the state’s Fintech Sandbox initiative.
2018-11-7 11:47 | |
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The blockchain developer aims to protect Arizonans from predatory loans.
2018-11-6 21:56 | |
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CryptoNinjas The Arizona Attorney General’s Office has announced it has accepted Sweetbridge as one of the first three projects into its newly developed Financial Technology Sandbox. The Arizona FinTech.
2018-11-5 18:38 | |
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The stablecoin debate in Washington is increasingly becoming a fight over a single question: who gets to keep deposit insurance on-chain? FDIC Chair Travis Hill signaled that payment stablecoins under the GENIUS Act should not qualify for pass-through insurance, while tokenized deposits that meet the legal definition of a deposit would retain the same insurance […] The post Stablecoins just lost key battle as insurance protection to be reserved only for bank-issued tokens appeared first on CryptoSlate.
Mastercard agreed to pay up to $1.8 billion for BVNK, a stablecoin infrastructure firm that connects blockchain payments with traditional banking rails. The deal includes $300 million in contingent payments and closes what Mastercard told investors would have taken too long to build internally: the ability to move money seamlessly across fiat and on-chain systems […] The post Crypto tried to cut out Visa and Mastercard — now they’re buying up blockchain companies appeared first on CryptoSlate.
The President-backed effort to set broader rules for US crypto markets is nearing a political deadline in Congress as banks press lawmakers and regulators to block stablecoin companies from offering rewards that resemble interest on deposits.
For a vast majority of finance teams, their payment stack is something that gets assembled piece by piece over time (say a provider for domestic transfers here, another for cross-border payouts there, a third for FX).
A quiet shift is underway in the stablecoin hierarchy. While Tether’s USDT still dominates the digital dollar market, the gap between the two largest issuers is narrowing as USDC steadily expands its footprint and Tether’s growth shows signs of softening.
A quiet shift is underway in the stablecoin hierarchy. While Tether’s USDT still dominates the digital dollar market, the gap between the two largest issuers is narrowing as USDC steadily expands its footprint and Tether’s growth shows signs of softening.
Mastercard’s crypto partner push is really a plan to keep stablecoins inside its network Mastercard is trying to make sure the stablecoin era still needs its card services. On Wednesday, the company launched a program with more than 85 crypto-native firms, payments providers, banks, compliance vendors, custody companies, exchanges, and infrastructure groups.
