2020-9-25 04:26 |
The total value of stablecoins has now surpassed $20 billion, reflecting the growing demand of investors looking to hedge their risks in both crypto and traditional markets amid the coronavirus pandemic.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
As the market capitalization of USDT and USDC keeps rising, recent asset freezes underline their inherent risks. Will these incidents cause more investors to turn to decentralized stablecoins, such as DAI and the stakable USDN? Since the start of June, Tether’s market cap has grown by 13%, and that of USDC Coin has finally crossed the $1bn mark.
2020-7-31 16:06 | |
|
|
The Japan Cryptoasset Business Association (JCBA) has created a Stablecoin Subcommittee to develop an understanding of the potential risks and benefits of stablecoins
2020-7-19 14:00 | |
|
|
The international Financial Action Task Force announced it sees high risks of using stablecoins in money laundering and terrorist financing. FATF calls for stronger industry regulation.
2020-7-12 14:31 | |
|
|
PieDAO has launched its USD++ protocol, comprising a hedged basket of Ethereum-based stablecoins designed to reduce risks for long term DeFi users.
2020-6-18 07:45 | |
|
|
Bitcoin.com CEO Roger Ver claims that stablecoins incur some risks that are linked to their issuers
2020-5-12 11:32 | |
|
|
The European Central Bank looks at stablecoins as key instruments that can help consumers meet demand in the payments services, but wants regulators to be proactive in addressing regulatory gaps that can pose risks.
2020-5-7 12:33 | |
|
|
Stablecoin demand and issuance sees such a dramatic surge in 2020, that the Bitcoin market cap may not stay the largest for much longer
2020-5-1 19:02 | |
|
|
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 | |
|
|
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project and global stablecoins.
2020-3-2 20:45 | |
|
|
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement
2019-12-6 00:01 | |
|
|
Senior U.S. financial regulators warn that stablecoins pose risks to the economy in an annual report from the Financial Stability Oversight Council
2019-12-6 14:22 | |
|
|
A panel of top U.S. financial regulators urged federal and state officials to monitor risks from digital assets like bitcoin.
2019-12-6 12:00 | |
|
|
The systemic risks posed by U.S. dollar domination of global foreign currency reserves could be tempered by stablecoin issuance, analysts argue in a new piece for the WEF
2019-11-27 11:10 | |
|
|
Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure
2019-11-26 15:50 | |
|
|
According to its Financial Stability Report of November 2019, the Board of Governors has warned about the dangers of stablecoins.
2019-11-17 18:15 | |
|
|
The recently concluded G20 Finance meeting highlighted regulation of stablecoins as an area that needs to be addressed soon. This follows the rise in popularity of digital assets with Facebook’s Libra being the most discussed.
2019-10-19 22:20 | |
|
|
Leaders of G20 met on Friday, and have reportedly agreed to set strict regulations for stablecoins like Facebook’s Libra. They warned that the issuance of stablecoins should disallowed until the risks they pose to global economies are addressed.
2019-10-19 14:30 | |
|
|
The G20 nations agree that global stablecoins present serious public policy and regulatory risks
2019-10-19 08:10 | |
|
|
The Financial Action Task Force (FATF), one of the most important financial regulators in the world, has recently voiced some concerns about Facebook’s Libra project. According to the institution, Libra and other stablecoins could pose several risks if they were to achieve mass adoption, especially when considering money laundering and terrorist financing. Xiamgmin Liu, the […]
2019-10-19 22:34 | |
|
|
The working group of the G7 has released a report detailing the potential risks a global stablecoin (GSC) could pose to nations and economies worldwide. GSCs will have to address these concerns to be considered for approval, the report said, adding that addressing the outlined risks will not guarantee regulatory permission to operate.
2019-10-18 11:30 | |
|
|
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges.
2019-10-16 13:05 | |
|
|
The G7 group of nations has prepared a draft report which notes that globally accessible stablecoins pose a significant threat to the existing financial system. According to BBC, G7’s draft report detailed the different risks...
2019-10-14 11:42 | |
|
|
Financial Action Task Force’s FATF week will see the representatives from 205 countries and jurisdictions around the world, the IMF, UN, World Bank, and other organizations discuss matters concerning the stablecoins and virtual assets and the risks associated with it.
2019-10-12 20:30 | |
|
|
iP2PGlobal Cryptocurrency Financing Platform aims to re-shape personal financing by introducing Sharia compliant financing products to individuals worldwide. Offering the first unsecured crypto financing product, the platform will also feature a single global benchmark rates for fair loan pricing, compensation fund to cover default risks, full KYC & AML compliance and proper e-lending legal documentation in order to enforce debt collectibility, furthermore financing & disbursement will be in US$ pegged stablecoins to encourage real world usage.
2019-10-9 23:33 | |
|
|
The International Monetary Fund has always shown some crypto-curiosity. In a recent document, the IMF commented on the use cases and utility of stablecoins, or assets with a pegged value. IMF Bigs Up Stablecoins In a recent IMF staff paper, part of the Fintech Notes series, the organization outlines the promises and risks of those assets, as a new arrival on the fintech scene.
2019-9-24 20:00 | |
|
|
The International Monetary Fund (IMF) published a new staff paper on September 19, saying stablecoins can cause significant disruptions to the current global payments framework. However, the organization also admits that this type of cryptocurrencies can contribute to improving financial inclusion across the world.
2019-9-20 15:00 | |
|
|
The IMF outlines potential risks and benefits related to the adoption of new digital payment methods, including stablecoins
2019-9-20 23:02 | |
|
|
Stablecoins like Libra threaten the monetary policy of European countries, believes the European Central Bank board member.
2019-9-18 10:42 | |
|
|
Benoit Coeure of the European Central Bank says that stablecoins like Libra pose serious risks to public policy priorities
2019-9-17 20:19 | |
|
|
Libra can add negative yields to its growing list of risks, according to a new JPMorgan analysis
2019-9-6 14:52 | |
|
|
The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for regulation.
2019-7-18 15:00 | |
|
|
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 | |
|
|
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
|
|
Tether, a crypto often in the limelight of controversy, is causing yet another stir in the stablecoin industry as its latest Terms-of-Service (ToS) update highlights “pan-stablecoin risks” according to the latest report from digital currency research firm Diar, March 18, 2019.
2019-3-20 21:00 | |
|
|
Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.
2018-11-22 22:05 | |
|
|
As Coinbase has started accepting USDC, and the Gemini Dollar spread through exchanges, here are the biggest risks that stablecoins pose to the ecosystem.
2018-10-25 19:01 | |
|
|
The cryptocurrency sector has grown anxious over a market reliance on controversial “stablecoin” Tether (USDT), after its value dropped well below its supposedly pegged price of $1. In fact, the market is so concerned with the risks associated with USDT that a “Tether premium” has formed on the cryptocurrency exchanges still using it.
2018-10-16 15:57 | |
|
|
| Analogue Notcoin - TapSwap |
Several officers from the Indian Crime Branch, including an Inspector General of Police (IGP), are being probed by a Special Investigation Team (SIT) in connection with a Bitcoin scam. The SIT has issued a notice to Inspector General of Police…
Robinhoods European crypto branch launched Solana staking, offering roughly 5% APY at launch, slightly below Coinbase. The post Robinhood Crypto launches Solana staking with 5% APY for EU users appeared first on Crypto Briefing.
Lido co-founders and Paradigm secretly fund Symbiotic, a new competitor to EigenLayer in the DeFi restaking space. The post Lido co-founders back EigenLayer rival Symbiotic — report appeared first on Crypto Briefing.
The Alex bridge on BNB network was drained of $4.3M after a series of suspicious contract upgrades, reports CertiK. The post Bitcoin L2 protocol bridge Alex suffers $4.3M in losses after suspicious upgrades appeared first on Crypto Briefing.
Deutsche Bank joins Singapore's Project Guardian to advance asset tokenization, collaborating with Memento Blockchain and Interop Labs to drive innovation in DeFi. The post Deutsche Bank joins Singapore’s Project Guardian to advance asset tokenization appeared first on Crypto Briefing.
As the US Securities and Exchange Commission (SEC) amplifies its grip on the cryptocurrency sector, the atmosphere within the industry is charged with concern and a pressing call for clarity in regulations.
Cryptocurrency exchange Coinbase said in an X post it has restored some of its services following an outage that disrupted trading on its website and mobile app. In an X post on May 14, the US-based crypto exchange Coinbase said…