SEC targets Ripple’s stablecoin; What to expect from Bitcoin & this new AI altcoin in May?

Ripple, known for its XRP token, is back in the headlines, but this time, it's about their upcoming stablecoin launch#partnercontent дальше »

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Kraken May Drop USDT in the EU Amid New MiCA Regulations

Kraken might withdraw USDT support in the EU due to MiCA regulations. This reflects a trend among exchanges reassessing stablecoin listings. The post Kraken May Drop USDT in the EU Amid New MiCA Regulations appeared first on BeInCrypto. дальше »

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Kraken considers delisting USDT in Europe due to MiCA rules

Kraken could drop EU support for Tether’s USDT stablecoin, Bloomberg reported on May 17. Kraken Global Head of Regulatory Strategy Marcus Hughes said the company is planning for circumstances in which it is “not tenable to list specific tokens such as USDT. дальше »

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Ghana, Singapore conduct trade in semi-fungible token pilot project

Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, emphasizing credentialing.

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Tether holds more US Treasuries than Germany, ranks 19th globally

Quick Take Tether reported a massive $4. 52 billion profit in the first quarter of the year. Notably, the stablecoin issuer’s consolidated financial figures revealed that as of March 31, it held a staggering $91 billion in direct and indirect US treasury bill holdings. дальше »

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Kraken considers ending USDT support in the EU

Kraken is reportedly considering pulling support for the stablecoin USDT in Europe. The exchange’s plans come amid the push for compliance ahead of EU’s crypto regulations MiCA. Crypto exchange OKX ended its USDT trading support in the EU in March. дальше »

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Investor Enthusiasm Grows as BlastUP Presale Approaches Final Fortnight

BlastUP, the premier launchpad on Blast, has raised over $6 million during its presale with two weeks to go, reflecting robust demand amid the market recovery. Blast, the sole Layer 2 blockchain offering high native yield on ETH and stablecoin staking, is witnessing a surge of interest in its ecosystem’s launchpad platform, BlastUP ($BLP). дальше »

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US arrests two Chinese nationals in $73 million crypto scam

US authorities arrested Daren Li and Yicheng Zhang in connection with a $73 million money laundering scheme. The defendants laundered the money via US and international bank accounts. Proceeds of the investment scam were converted to the USDT stablecoin. дальше »

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Kraken considers dropping USDT in Europe ahead of new regulations

With new regulations in Europe set to enforce strict limits on transactions and reserve requirements, Kraken is assessing its stablecoin listings. дальше »

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Kraken ‘actively reviewing’ USDT suspension in EU under MiCA regulation

Cryptocurrency exchange Kraken is considering delisting the USDT stablecoin in the EU дальше »

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Kraken may delist USDT in EU to comply with MiCA

Kraken is reviewing its support for Tether's USDT in the EU as new MiCA regulations approach and impact stablecoin operations. The post Kraken may delist USDT in EU to comply with MiCA appeared first on Crypto Briefing. дальше »

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Token Terminal and Messari release research reports on TRON network for Q1 of 2024

Gain insights into TRONs advancements in Q1/2024 from Token Terminal and Messari, including growth in DeFi and stablecoin sectors. The post Token Terminal and Messari release research reports on TRON network for Q1 of 2024 appeared first on Crypto Briefing. дальше »

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MakerDAO to Launch Fully Decentralized Stablecoin

MakerDAO introduces PureDai, a new stablecoin using decentralized assets for collateral, targeting complete decentralization without a USD peg, contrasting with the current Dai. The post MakerDAO to Launch Fully Decentralized Stablecoin appeared first on BeInCrypto. дальше »

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India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters

The Securities and Exchange Board of India submitted a recommendation that several regulators should oversee trade in cryptocurrencies, Reuters reported citing documents. дальше »

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PayPal’s stablecoin PYUSD joins BVNK’s crypto payment ecosystem

BVNK integrates PayPal's stablecoin PYUSD to its platform, offering businesses a trusted option for global transactions. The post PayPal’s stablecoin PYUSD joins BVNK’s crypto payment ecosystem appeared first on Crypto Briefing. дальше »

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Stablecoin issuer Circle eyes US move, setting stage for rumored IPO

Stablecoin issuer Circle reportedly plans to shift its legal home to the United States from Ireland for undisclosed reasons, Bloomberg reported on May 15. The firm has begun the relocation process by filing the required paperwork with the High Court of the Republic of Ireland. дальше »

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Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg

Circle recently filed court paperwork to make the move, according to a company spokesperson. дальше »

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Stablecoin issuer Circle plans legal base shift to US ahead of IPO

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… дальше »

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Tether froze $5.2m USDT from suspected scammers

Stablecoin issuer Tether froze around 5.2 million USDT on addresses believed to be operated by phishing scammers.  дальше »

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DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper

Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers. дальше »

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Tether expands in UAE, partners with RAK DAO

The USDT stablecoin issuing company, Tether, has partnered with RAK Digital Assets Oasis. дальше »

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Deutsche Bank joins Singapore's asset tokenization project

Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether. дальше »

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Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market

Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week. дальше »

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Hyperinflation Warning: US Bizman, Author Tells Businesses To Stack Bitcoin

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). дальше »

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Tether (USDT) CEO Defends Compliance Measures Amid Ripple (XRP) CEO’s Criticism

Amid criticism from Ripple CEO Brad Garlinghouse alleging “The US Government is going after Tether (USDT issuer),” Paolo Ardoino, CEO of Tether Operations Limited, has comprehensively outlined the leading stablecoin issuer’s robust anti-money laundering and counter-terrorist financing compliance measures. дальше »

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Philippines Approves Stablecoin Pilot for Remittances

The BSP's pilot project for the PHPC stablecoin aims to revolutionize financial transactions by providing a secure, regulated framework to assess its potential and impact. The post Philippines Approves Stablecoin Pilot for Remittances appeared first on BeInCrypto. дальше »

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Tether-parent iFinex to aid El Salvador’s crypto rules

Bitcoin-friendly nation El Salvador is working on a crypto regulatory framework and has enlisted help from a digital asset titan affiliated with the largest stablecoin.  дальше »

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Ripple CEO Claims US Government Is Obviously Going After USDT; Tether’s Ardoino Claps Back

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Tether Responds to Ripple: A Defense of Transparency and Compliance

Paolo Ardoino of Tether publicly challenges Ripple's Brad Garlinghouse, accusing him of spreading FUD amid Ripple's entry into the stablecoin market, highlighting intense competition and regulatory scrutiny in the crypto sector. дальше »

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Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%. дальше »

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Philippines’ central bank greenlights pilot for Peso-backed stablecoin

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. дальше »

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Why is crypto down today? A stablecoin shift appears on the horizon

The global cryptocurrency market is witnessing correction with some investors shifting focus to stablecoins.  According to data provided by CoinGecko, the total crypto market cap slipped by 04% in the past 24 hours — falling from $2.38 trillion to $2.34.… дальше »

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WIF crypto price prediction: Will the memecoin hit $10 amidst recent dip?

A breach above the $3.25 resistance might send WIF to $6.50. The stablecoin supply showed that market participants had the purchasing power to drive the price higher. Solana-based memecoin dThe post WIF crypto price prediction: Will the memecoin hit $10 amidst recent dip? appeared first on AMBCrypto. дальше »

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Tether CEO fires back at accusations about company solvency

Tether CEO Paolo Ardoino responded to Deutsche Bank analysts' questions about the company's solvency and the stability of its USDT stablecoin. дальше »

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Deutsche Bank Issues Major Stablecoin Warning

Deutsche Bank's warning comes at time when stablecoins are experiencing unprecedented growth дальше »

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Tether slams Deutsche Bank report questioning USDT stability and solvency

Tether, the largest stablecoin in the world, has slammed a recent Deutsche Bank report that questioned the stability of stablecoins and Tether’s solvency. The research, published on May 7, analyzed 334 currency pegs from the year 1800 onward and revealed… дальше »

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Tether refutes Deutsche Bank research revealing stablecoin solvency risks

Deutsche Bank analysts warn of stablecoin risks, citing Tether's lack of transparency. The post Tether refutes Deutsche Bank research revealing stablecoin solvency risks appeared first on Crypto Briefing. дальше »

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Bitcoin ETF Issuer WisdomTree Introduces Prime App In NY, Gains Approval For New Crypto Offerings

One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York.  Related Reading: Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin Expanded Custody And Stablecoin Services This development closely follows WisdomTree’s recent […] дальше »

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SEC's Targeting of Ripple's Stablecoin Explained by Analyst

Many were caught off guard by the SEC's mention of Ripple's yet-to-be-launched stablecoin дальше »

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Ripple’s XRP Risks Another Blow As SEC Labels Its Stablecoin Project As An ‘Unregistered Crypto Asset’

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Stablecoin Surge: Tether's Headroom for Growth

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. дальше »

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Tether partners with Swan to expand Bitcoin mining operations

Stablecoin issuer Tether has expanded its mining endeavors by collaborating with Swan’s Managed Bitcoin Mining service. According to the press statement, the firm has dedicated an undisclosed amount of substantial capital to establish its Bitcoin mining operations through Swan. дальше »

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Ripple’s proposed stablecoin is an ‘unregistered crypto asset’ — SEC

The SEC calls Ripple's proposed stablecoin an "unregistered crypto asset" in its court battle over XRP sales, seeking almost $2 billion in fines. The post Ripple’s proposed stablecoin is an ‘unregistered crypto asset’ — SEC appeared first on Crypto Briefing. дальше »

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UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation

Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline was is coming later. дальше »

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SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’

The US Securities and Exchange Commission (SEC) appears to be targeting Ripple’s proposed stablecoin in its latest court filing against the crypto company. In its May 7 redacted remedies reply brief, the regulator described the proposed stablecoin as an “unregistered crypto asset” and further evidence that the company will continue to engage in unregulated activities […] The post SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’ appeared first on CryptoSlate. дальше »

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Ripple's Stablecoin Project Already Attacked by SEC

Ripple's stablecoin project has appeared in the SEC's crosshairs even before its launch дальше »

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SEC pushes back against Terraform’s claims fraud happened outside US

Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin. дальше »

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Ethena, Bybit partner to integrate USDe for perpetual futures

Ethena Labs has partnered with crypto exchange Bybit to introduce its synthetic stablecoin USDe as a collateral asset for perpetual futures trading on Bybit's Universal Trading Account. дальше »

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Colombia’s largest bank launches crypto exchange and peso-pegged stablecoin

Bancolombia launches Wenia crypto exchange and COPW stablecoin in Colombia. The new crypto exchange aims to onboard 60,000 users in 1st year to compete with Binance and Bitso. Wenia is registered in Bermuda and will operate independently from other Bancolombia Group entities. дальше »

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Ripple CTO Unveils Crucial Timeline for Stablecoin Reveal

Ripple CTO David Schwartz clarifies Ripple stablecoin launch timeline amid market misunderstanding дальше »

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