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Circle Says A Central Bank Digital Currency (CBDC) Is Not Needed

In recent times, several central banks have been looking to develop a Central Bank Digital Currency (CBDC) to address the limitations of fiat currencies, especially in cross-border payments. However, Circle, issuers of the USDC stablecoin, have said the development of a CBDC is unnecessary and could produce more harm than benefits. In response to the […] дальше »

2022-5-31 16:17


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Waves announces 4-step Master Plan to ‘save’ its DeFi ecosystem

Waves, a proof-of-stake blockchain platform for decentralized applications, has announced measures it says will help address the recent upheaval that rocked its DeFi ecosystem. Specifically, the “Master Plan”, as the four-step measures are called, is aimed at ensuring the ecosystem’s algorithmic stablecoin Neutrino USD (USDN) restores dollar parity, whose loss led to a massive liquidity […] The post Waves announces 4-step Master Plan to ‘save’ its DeFi ecosystem appeared first on Invezz. дальше »

2022-5-27 20:59


Terra – A ‘Pyramid Scheme’ – Threatens The Crypto Ecosystem, Billionaire Says

The cryptocurrency industry is currently digesting the rise and fall of Singapore-based Terraform Labs’ network token Terra (LUNA) and stablecoin TerraUSD (UST). Following the unexpected collapse of almost $45 billion in market value over the course of a week, much has been made about the project’s architecture, namely its supposedly defective algorithm, which was led […] дальше »

2022-5-19 20:20


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Michael Saylor Says The Market Crash Will Speed Up Regulation Around Stablecoins

It has been a rollercoaster month for the crypto markets that saw the shocking crash of Terra’s native coin and stablecoin offerings wiping billions from the crypto markets. However, in a recent interview, Bitcoin evangelist Michael Saylor said that recent happenings would be good for Bitcoin and push stablecoin regulations. Michael Saylor Believes The Recent […] дальше »

2022-5-16 14:17


RBA Official Involved in Crypto Since 2014, Fed Governor Says Stablecoin Shouldn’t Be Subject To The Same Rules As Banks

UBS Group’s Chairman says “governments will not tolerate” crypto becoming really big as the Joint Economic Committee chairman urges Congress to pass legislation to regulate it. The post RBA Official Involved in Crypto Since 2014, Fed Governor Says Stablecoin Shouldn’t Be Subject To The Same Rules As Banks first appeared on BitcoinExchangeGuide. дальше »

2021-11-19 00:44


Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to $10 Bln, says Founder

As demand for UST rises with more projects joining the Terra ecosystem, it will accelerate “the expansion of the stablecoin supply and accruing value to LUNA holders,” said co-founder Do Kwon. The post Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to Bln, says Founder first appeared on BitcoinExchangeGuide. дальше »

2021-10-18 19:43


Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide. дальше »

2021-10-1 18:12


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EOS Voice taps USDC stablecoin operator Circle as its payments provider

Payment processor Circle Pay has collaborated with EOS Voice to become the platform’s payments provider. The Voice also says it will enable payments via the EOS platform soon. Chief Executive Officer of Voice, Salah Zalatimo, was responding to a question by a Twitter critic who questioned while Voice was using Ethereum (ETH/USD) for balancers of […] The post EOS Voice taps USDC stablecoin operator Circle as its payments provider appeared first on Invezz. дальше »

2021-8-14 13:56


“This One is on Mark Cuban,” says CT as He Calls for DeFi Regulation After Getting Rug Pulled on His Promoted Project

Billionaire investor Mark Cuban calls for the regulation of the cryptocurrency sector after the debacle with the algorithmic stablecoin Iron Finance. As we reported, the TITAN token of Iron Finance lost 100% of its value going from $60 to $0 after users started cashing out, sending the prices crashing. дальше »

2021-6-18 18:12


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Bank of England Proposes Regulation of Stablecoin Use As Payment Means

The Bank of England (BoE) stated that stablecoin payments should receive the same regulations as bank payments, if the former gains widespread adoption.  BoE Says Stablecoin Regulatory Framework Necessary in the UK According to Reuters on Monday (June 7, 2021), the BoE in a Discussion Paper, said that it was important to establish regulatory policiesRead More дальше »

2021-6-8 13:00