US Congress Takes “Huge Step” Back With Latest Stablecoin Ruling

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DiamondBack Stablecoin (DBK) Gets Inclusion On AlphaPoint Crypto Exchange Network

AlphaPoint Add Support For DiamondBack Stable Coin For Its Exchange Partners Alphapoint is well-known software solution provider which deals in providing asset digitization software as well as digital asset trading technology for licensed broker-dealers.

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Justin Sun Talks Decentralized Finance Future as Tether Partners with Tron for New Stablecoin

It has been a stablecoin season through and through. Now the latest entrant in this trend is the 10th largest cryptocurrency Tron. Tron in partnership with USDT issuer, Tether is all set to go live with the stablecoin on its network by the second quarter of 2019. USDT coming on Tron Network Created in October […]

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Stablecoin Classifications, Regulations, and Tax Implications from a Certified Public Accountant

Stablecoins are the latest innovation to emerge over the past year and have the potential to revolutionize not only virtual currency markets but to also become a new mechanism for worldwide commerce.

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The Daily: New Institutional Crypto Wallet, Korean Won Stablecoin

In today’s edition of The Daily, we feature a couple of new offerings in the cryptocurrency market including a wallet made for exchanges and token issuers as well as the latest fiat-backed stablecoin.

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Bitspark Debuts Hong Kong Dollar-Pegged Stablecoin on Decentralized Exchange

Hong Kong dollar is the latest fiat currency to get its own stablecoin, developed by money transfer platform Bitspark

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New Rial Stablecoin Cryptocurrency Project Planned for Launch in Iran, Avoid US Sanctions

As more countries are coming to terms with the concept of cryptocurrency, there are many governments producing their own coins to have some kind of standing in the industry. One of the latest to create a coin with the local currency is a stablecoin in Iran. The country has decided that their new crypto asset […]

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Iran to Launch a Rial Stablecoin

Iran is the latest to join the stablecoins trend with its plans to launch a rial-backed crypto according to Al Jazeera. Details are to be revealed on Tuesday, they say,... The post Iran to Launch a Rial Stablecoin appeared first on Trustnodes.

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Circle’s USDC Stablecoin Fully Dollar Backed, Says Latest Auditor’s Report

Crypto finance startup Circle’s USDC stablecoin was fully backed with fiat reserves at the close of 2018, according to auditing firm Grant Thornton.

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WhatsApp could be getting its own cryptocurrency

Kik might not be the only messaging app to support cryptocurrency payments if Facebook’s latest dream comes true. According to people close with the matter, the social media behemoth is looking to develop a cryptocurrency that enables WhatsApp users to transfer money to each other, reports Bloomberg.

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USDC Ecosystem Spotlight: IDCM crypto exchange, along with Alpha Wallet, ChangeNow, Loopring, Salt Platform, and XinFin the latest companies to support USDC

IDCM crypto exchange and five other projects announced support for USD Coin (USDC) in recent days, bringing to more than 75 the number of exchanges, protocols, platforms, applications, and wallets that have played a leading role in making USDC the second largest asset-backed stablecoin by market capitalization. IDCM, one of

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Stablecoin Tether is Fully Backed By Dollars, New Bank Statement Reveals

Rumors about stablecoin Tether not being fully backed by dollar reserves are looking increasingly thin, according to the latest bank statements, which show that USDT is fully backed by dollar reserves.

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USDC Ecosystem Spotlight: Abacus, Airswap, Atomic Wallet, BlockMyTalent, and Opensea the latest companies to support USD Coin

Five new companies announced support for USD Coin (USDC) in recent days, giving the asset-backed stablecoin an unparalleled ecosystem of support from more than 60 exchanges, wallets, platforms, apps, and service providers around the world.

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Crypto Exchanges Embrace New Stablecoin Systems to Curb Price Volatility

Crypto markets have plunged as much as 80 percent since their all-time high. Some currencies, however, were designed to protect investors from such catastrophic events. The recent market crash was an assessment of these “stablecoins” – whether they were able to keep the investments steady, or if they failed outright.

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Binance Adds Two Month-Old Paxos (PAX) As Base Currency

Binance has added the stablecoin Paxos (PAX) as its latest base currency. The popular cryptocurrency exchange chose the asset because it was regulated and fully-collateralized. Binance announced earlier today that the Paxos Standard Token, which only launched two months ago, would become the fifth base currency on its servers.

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US ‘Investigating’ If Tether, Bitfinex ‘Illegally Moved’ Bitcoin Price to $20K

Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities. DoJ ‘Homing In’ On Tether, Bitfinex As Bloomberg reports November 20 citing “three people familiar with the matter,” Tether and Bitfinex, which share a CEO, are under suspicion of market manipulation.

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USDC Ecosystem Spotlight: Exchanges Korbit and Liquid among six companies to support USD Coin in recent days

The ecosystem for USD Coin (USDC) continues to grow around the globe with exchanges in Japan and Korea joining more than 50 companies to support the fiat-backed stablecoin. Korea-based Korbit and Japan-based Liquid are just two of the latest exchanges to make USDC available for trading in recent days. Other

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Swiss AI-Powered Stablecoin Becomes Halal to Attract Muslim Investors

Sharia-compliance finance is becoming a field of choice for several fintech companies as regulators and market participants in the Middle East seem keen on attracting new business. Now, Swiss-based cryptocurrency firm X8 has become the latest to acquire an Islamic finance certification.

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Coinbase Is Officially Adding Support for Basic Attention Token (BAT)

On November 2, 2018, Coinbase announced that it would be integrating support for Basic Attention Token (BAT), an ERC-20 token that is designed to work out-of-the-box with the privacy-centric Brave Browser, on CoinbasePro.

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Report: Unrest Over Tether Instability Causing Outflow into Bitcoin

As fear, uncertainty, and doubt (FUD) surrounding leading stablecoin cryptocurrency Tether mounts, capital has begun to flow out of Tether and into Bitcoin and other competiting stablecoins, according to a new report.

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Cryptocurrency traders are shifting from stablecoins to Bitcoin

The second half of 2018 has seen Dollar-pegged cryptocurrencies (stablecoins) flood the market, but recent data suggests that Bitcoin might become the one true stablecoin. The latest report from blockchain research group Diar shows while Tether still accounts for an overwhelming majority of the total stablecoin volume, cryptocurrency traders are actually starting to exchange with Bitcoin directly, rather than use new, regulated alternatives.

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Coinbase Custody Receives License from NYDFS, Coinbase Exchange Lists USDC Stablecoin

Coinbase Custody has acquired a license under New York State Banking Law to operate as an independent Qualified Custodian. “Coinbase Custody will operate as a Limited Purpose Trust Company chartered by the New York Department of Financial Services (NYDFS),” reads Coinbase’s latest blog post.

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Tether Treasury Is Getting Loaded With a Huge USDT Supply Coming from Bitfinex

The latest theory suggests that Tether is staging an exit from the stablecoin market while withdrawing the USDT tokens at a profit. The post Tether Treasury Is Getting Loaded With a Huge USDT Supply Coming from Bitfinex appeared first on CoinSpeaker.

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The Daily: Huobi Unveils HUSD, New Cryptocurrency Loans Launch

It’s been a week for stablecoin stories in the crypto sphere, and while we’d like to have started the weekend on a different tack, Huobi’s effort was too intriguing not to share. We’ll also detail the latest cryptocurrency lending options in Saturday’s edition of The Daily and consider a topical Halloween costume for bitcoiners.

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Huobi Joins OKEx in Adding Four New Stablecoins

Huobi Global has announced its decision to list four USD-pegged stablecoins by the end of the week. In a support notice published on its platform, the company noted that users will be able to make deposits for Paxos Standard Token (PAX), True USD (TUSD), Circle’s (USDC), and Gemini exchange’s (GUSD) on its exchange starting from Friday, October 19, 2018 (GMT +8).

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Tether (USDT) Stablecoin Attempts to Calm Instability Concerns with Latest Statement

Tether Attempts to Calm Instability Concerns Tether recently released a statement attempting to calm the market concerning the seeming instability of its coin in the past 36 hours. The statement, made by Tether’s Leonardo Real, was: “Tether is the leading provider of tokenized fiat currencies and is listed on many exchanges worldwide. We would like […]

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The Daily: Tether Regains Ground, Coinbase Does Dublin

Today’s edition of The Daily starts where Monday’s left off: by looking at the latest on Tether, whose stablecoin anchors so much of the cryptoconomy. In related news, we detail Bitfinex’s banking situation and reveal why Coinbase has chosen Dublin to be its European headquarters.

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PricewaterhouseCoopers to Build USD-Backed Stablecoin with Cred

As some of the world’s most entrenched institutions open their arms to cryptocurrency, the walled fortress of corporate acceptance seems to be disintegrating one pillar at a time. The latest is PricewaterhouseCoopers, the world’s second-largest professional services firm, who has thrown its weight behind a USD stablecoin project aiming to “usher in the next 100M […] The post PricewaterhouseCoopers to Build USD-Backed Stablecoin with Cred appeared first on CryptoSlate.

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Circle Announces Launch of Native Stablecoin “USDC”

Circle has become the latest in a recent series of crypto platforms and exchanges to launch a stable coin as the market increasingly looks to diversify from Tether. Announced on September 26, 2018, in a post on the official Circle blog, USD Coin (USDC), developed in partnership with CENTRE enables users to cash out their exchange holdings into fiat using...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

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Circle Rolls Out New Stablecoin, Pegged to the US Dollar

Called USD Coin (USDC), this is the latest stablecoin project to emerge this month after the Winklevoss twins launched GUSD, Paxos introduced PAX, and Carbon revealed CUSD.

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Carbon Rolls Out US Dollar-Pegged Crypto as Stablecoin Euphoria Continues

Called CarbonUSD (CUSD), this is the latest stablecoin project to emerge this week after the Winklevoss twins launched GUSD and Paxos introduced PAX.

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Carbon Dollar-Pegged Stablecoin (CarbonUSD) Launches Days After GUSD and PAX

Carbon Is The Latest Startup To Launch a Dollar-Pegged Stablecoin Stablecoins are one of the popular trends of the market right now, which makes all the sense when you think on how the bear market has been affecting the top cryptos like Bitcoin (BTC) and Ethereum (ETH). Now, after both Paxos and Gemini decided to […]

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Carbon Becomes Latest Startup to Launch a Dollar-Pegged Stablecoin

Crypto project Carbon has launched its own ethereum-based, dollar-pegged stablecoin dubbed CarbonUSD.

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IBM Introduces 'World Wire' Payment System on Stellar Network

IBM has launched a blockchain-based payment system called Blockchain World Wire. According to IBM, the new payment network uses digital currency on Stellar's blockchain to "clear and settle cross-border payments" in near real time.

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The Daily: Altcoin Panic, Stablecoin Takeover

There’s blood in the streets, the water and everywhere else you may care to look today as the cryptocurrency market plunges below $200 billion with a vengeance. We’ve got the reaction from across the web in today’s Bitcoin in Brief, as well as the latest developments from the realm of stablecoins, which have been an […] The post The Daily: Altcoin Panic, Stablecoin Takeover appeared first on Bitcoin News.

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IBM Is Testing a New Stablecoin That Will Run on the Stellar Network

Stablecoins are the newest frontier in the crypto industry, and IBM is the latest company that wants to challenge Tether for market share. The computing giant is exploring the possibility of issuing a new stablecoin that will be pegged to the US dollar in a bid to provide an alternative to crypto volatility. IBM has […]

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Mastercard Patents a Method to Manage Cryptocurrency “Fractional Reserves”

Mastercard has patented a method to manage cryptocurrency “fractional reserves”. The big idea behind it seems to be that users will be able to pay with fiat on credit cards partly backed by crypto assets using a centralized system offering faster transaction conformation speeds.

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IBM’s latest new Stablecoin development, strong dollar

And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM. Stronghold USD is said to be backed one-to-one by fiat US dollars held at the company’s partner bank, Prime Trust.

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IBM Backs the Development of Latest New Stablecoin, Stronghold USD

It seems like a new alternative for Tether (USDT) pops up at least once a week recently. And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM.

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IBM Is Helping Launch a Price-Stable Cryptocurrency Insured By the FDIC

The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.

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IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds

The latest attempt to create a crypto pegged to the U.S. dollar, or stablecoin, combines 21st-century technology with an invention from the 1930s.

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New Euro-Backed Stablecoin, eurs, Released by Malta-Based Innovator

The latest example is from Malta where a company seeking a local crypto license has launched a Euro-backed stablecoin, EURS. Also Read: Opera Browser Introduces a Built-in Cryptocurrency Wallet Stasis Launches EURS Stasis, a financial tokenization platform, has launched EURS, a new stablecoin built on Ethereum’s EIP-20 standard and claimed to be backed 1-for-1 by

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Malta-Based Company Launches New Euro Backed Stablecoin, EURS

With all the controversy and mistrust surrounding Tether (USDT) it’s no surprise that a multitude of new alternatives have popped up recently. The latest example is from Malta where a company seeking a local crypto license has launched a Euro-backed stablecoin, EURS.

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Coinbase, Peter Thiel Back New ‘Reserve’ Stablecoin

With the rise in popular interest, the cryptocurrency sector has seen several stablecoins emerge in decentralized and centralized forms. Backed by Coinbase and Peter Thiel, Reserve stablecoin is the latest addition to the digital asset marketplace.

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