2022-6-2 16:12 |
High-ranking executive of BoE has slammed stablecoins, saying they are not suitable for investors
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The U.S. government again named stablecoins as a potential threat to the stability of the financial system, with both the Federal Reserve and a senior Treasury official saying Monday that the tokens are vulnerable to runs.
2022-5-10 00:51 | |
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Newly-appointed SEC Chief hints some stablecoins could fall under the legal definition of securities. Gensler Says Stablecoins Could Be Securities U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler recently went on record saying that digital currencies whose price are pegged to traditional securities might fall under the securities laws. The SEC Chair made theRead More
2021-7-22 04:00 | |
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Federal Reserve Chairman Jerome Powell on Wednesday came out strongly supporting a digital dollar, saying it could undercut the need for cryptocurrencies and stablecoins. When asked during the congressional hearing if having a digital currency issued by the central bank would be a more viable alternative than cryptos in the payments system, Powell agreed and […] The post You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin first appeared on BitcoinExchangeGuide.
2021-7-15 16:35 | |
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Stablecoins, as an asset class, are evolving at an impressive pace. It goes without saying that they have almost become an indispensable part of the crypto space today. With an increased adoption rateThe post 'And the reason we should be a bit concerned about' Tether is... appeared first on AMBCrypto.
2021-6-28 01:03 | |
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Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example.
2020-7-5 20:11 | |
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The Bank of Russia has put out a statement saying it is against any ‘monetary substitutes. ’ That being said, the bank is currently actively studying stablecoins planned by various national governments.
2019-11-8 00:32 | |
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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 | |
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Korean electronics giant Samsung have just added 3 more cryptos to their list of supported digital assets. The new cons to be added are TrueUSD (TUSD), Maker (MKR) and USD Coin (USDC), all of which are stablecoins.
2019-8-31 18:20 | |
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An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019.
2019-2-23 00:42 | |
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