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Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat
Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim “will harm the bitcoin ecosystem” if their demand for the payment […] дальше »
2021-3-2 15:15 | |
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What Happens if All Stablecoin Users Have to Be Identified?
If the U.S. reins in pseudonymity in stablecoin transactions (as seems possible) there could be big implications for the crypto industry, says our columnist. дальше »
2021-2-19 18:47 | |
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What Tether Means When It Says It’s ‘Regulated’
Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws. дальше »
2021-1-27 19:39 | |
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Tether Banker Says the Stablecoin is Fully-backed
Deltec, the Tether (USDT) banker based in the Bahamas, says the popular stablecoin is fully-backed, downplaying long-standing reports of the integrity of its client’s reserves. The declaration is coming as both Tether and Bitfinex are submitting documents to the New York Attorney General (NYAG) concerning an $850 million embezzlement case from April 2019. Tether isRead More дальше »
2021-1-23 13:30 | |
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Tether (USDT) To Face Do or Die Situation in 2021: Messari Report
Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges. дальше »
2021-1-1 19:19 | |
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Stablecoins Must Meet Appropriate Financial Regulations, Says U.S Presidential Advisory Group
The financial working group of the US government has indicated that Stablecoins must meet certain regulatory standards to be accepted in the country. This comes after the controversial stablecoin bill that has been proposed by US lawmaker Talib Rashid. дальше »
2020-12-27 12:00 | |
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Lack of stablecoin regulations could be 'dangerous,' says Cardano's Hoskinson
The United States has been seeing many crypto-centric businesses come under stricter regulatory scrutiny lately. This was evidenced by the fact that the Treasury Department and other agencies on WedneThe post Lack of stablecoin regulations could be 'dangerous,' says Cardano's Hoskinson appeared first on AMBCrypto. дальше »
2020-12-25 21:30 | |
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One of Europe’s Oldest Banks Launches Stablecoin on Stellar
One of Europe’s oldest banks, Bankhaus von der Heydt (BVDH), has issued a Euro stablecoin (EURB). Working in conjunction with Bitbond, the financial institution says this is the first bank-backed Euro stablecoin of its kind. дальше »
2020-12-11 21:20 | |
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BIS Says CBDCs Likely Better than Private Stablecoins Like Libra
The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra. дальше »
2020-11-26 02:01 | |
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BIS Paper Says There’s Potential to Embed Regulation Into Stablecoin Systems
The need to regulate global stablecoins like libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper. дальше »
2020-11-25 12:31 | |
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UK Authorities Get Serious with Stablecoins, Set to Unveil Regulatory Framework
The government of the United Kingdom is making active plans to transform the nation’s financial ecosystem and ultimately make the region a hotbed for innovative businesses. The government says it plans to formulate amenable regulations for stablecoin initiatives and central bank digital currencies (CBDCs), according to a statement November 9, 2020. дальше »
2020-11-11 22:00 | |
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Second-Largest Stablecoin USDC to Launch on Stellar In 2021
The second-largest stablecoin after Tether (USDT), USDC is scheduled to launch on the Stellar blockchain in 2021. This is according to an announcement by Center Consortium and Circle on Thursday, October 15, which says that the stablecoin will be on Stellar in Q1 of 2021. дальше »
2020-10-16 13:03 | |
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FSB Publishes 10 High-Level Recommendations to Regulate ‘Global Stablecoins’
The Financial Stability Board (FSB) has released 10 high-level recommendations for regulation, supervision, and oversight of “global stablecoin” in its latest report on Tuesday. The international body that monitors and makes recommendations about the global financial system says global stablecoins must adhere to all applicable regulatory standards before commencing operation. дальше »
2020-10-15 19:23 | |
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G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation
Financial leaders of the world’s seven biggest economies oppose the launch of Facebook’s Libra stablecoin until it is regulated, as per a G7 statement draft. Digital payments can improve access to financial services and cut costs and inefficiencies, says the draft prepared for a meeting of finance ministers and central banks of the United States, […] The post G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation first appeared on BitcoinExchangeGuide. дальше »
2020-10-13 15:42 | |
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Crypto Long & Short: The OCC’s Stablecoin Statement Is a Seed of Financial Innovation
Noelle Acheson talks about how the latest OCC statement that says banks can support stablecoin reserves is an innovation trigger in disguise. дальше »
2020-9-29 04:51 | |
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US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
The U. S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. дальше »
2020-9-23 17:00 | |
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Tether Is An Accident Waiting To Happen, Says Veteran Trader Peter Brandt
Tether (USDT) is a stablecoin backed by the dollar at a rate of 1:1. According to the parent firm, USDT will always maintain a 1-to-1 ratio with the U.S. dollar in terms of value, however, Tether has received enormous amounts of criticism over the years, specifically because of their claims about the digital asset being […] дальше »
2020-8-13 16:35 | |
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Bitcoin trading laws impede stablecoin development, says Japan regulator
A newly-appointed financial regulator in Japan said this week that introducing laws and regulations for Bitcoin trading would impede technical innovation while supporting purely speculative gains, according to Reuters. дальше »
2020-8-8 19:00 | |
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Centre Obliges Government Request, Freezes Address With $100,000 USDC
Centre Consortium has blacklisted an ethereum address holding $100,000 in USDC, a move that the entity says was “in response to a request from law enforcement. ” A joint venture between Circle and Coinbase, Centre is the issuer of the dollar-pegged USDC stablecoin, which runs on the Ethereum blockchain. дальше »
2020-7-9 17:55 | |
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Zero Interest Rates Could Hamper the Stablecoin Business
Zero or negative interest rates will force stablecoins to look at their fee structures and cut costs. Only the fittest will survive, says our columnist. дальше »
2020-4-2 15:53 | |
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Tether Says Its Newest Stablecoin Is Backed by Gold in Swiss Vault
Tether is issuing a new stablecoin as ERC-20 and TRC20 tokens, backing their price with one ounce of gold. дальше »
2020-1-24 19:25 | |
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Facebook’s Libra Has Failed in Current Form, Says Swiss President
According to Switzerland’s president the assets backing Libra need to change for the stablecoin to be approved
дальше »2019-12-28 12:28 | |
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Digibyte Founder Jared Tate Announces New Decentralized Stablecoin Called DigiDollar
Jared Tate, the founder and CTO of the Digibyte cryptocurrency says that they are working on a new USD-backed stablecoin launched on the DigiByte network. He made the announcement on December 26 on Twitter. дальше »
2019-12-27 06:26 | |
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OKEx Crypto Exchange To Integrate DAI Savings Rate On The 23rd, Users Can Earn 4% By Staking
The crypto exchange OKEx is about to become one of the major platforms integrating the Dai Savings Rate (DSR) and allowing stablecoin holders to earn a return of 4%. MakerDAO, which is the autonomous and decentralized organization that’s behind Dai, made an announcement on Tuesday, an announcement in which it says on December 23, OKEx […] дальше »
2019-12-17 21:12 | |
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Walmart’s coin could gain approval from regulators easier than Libra, says top investment bank
Walmart’s prospective USD-backed stablecoin should be looked upon more favorably by regulators than Facebook’s Libra, according to U. S. investment banking and financial services company, Cowen, Bloomberg reported. дальше »
2019-8-6 12:57 | |
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Tether Effect: Stablecoin transaction volumes on Ethereum surpasses Venmo
A recent report from TradeBlock found that the total on-chain transfer volume across the largest stablecoins has surpassed Venmo’s total payment volume in Q2 2019. But while many celebrated this as a win for cryptocurrencies, some saw the numbers as overblown and said the two cannot be compared. дальше »
2019-8-5 08:24 | |
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Bitcoin Bull Lou Kerner: Facebook Is Dying and Libra Is Dead on Arrival
Ask not for whom the bell tolls, Facebook. It tolls for thee, says bitcoin bull Lou Kerner. The crypto investor says Facebook is on its last legs, and even its over-hyped stablecoin project, Libra, can’t save it. дальше »
2019-7-29 19:43 | |
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Susquehanna's Bart Smith: Bitcoin Price Spike Not Driven by Libra
There's no shortage of catalysts behind bitcoin's weekend rally beyond $11,200. Institutional capital is at long last entering, the bitcoin supply halving event is nearing, and major players including the likes of Fidelity and Bakkt are building much-needed infrastructure. дальше »
2019-6-25 20:40 | |
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Ripple, Binance CEOs Comment on Facebook’s Libra as Canaccord Analyst Says Regulatory Hurricane is Coming
Several figures from the financial world are currently talking about the hottest subject of the moment: Facebook’s Libra stablecoin. The new crypto is seen as very controversial, with people affirming that it is good while others are very scared of it. дальше »
2019-6-20 23:35 | |
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Russia Will Not Legalize Facebook’s Cryptocurrency, Official Says
Russian politician Anatoly Aksakov said that the government has no plans to legalize Facebook’s long-awaited Libra stablecoin
дальше »2019-6-19 21:39 | |
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Maker Promises Multi-Collateral DAI In 2019
In a few months, you might be able to create DAI tokens using multiple forms of cryptocurrency, or even fiat currency, according to Maker representatives. Jennifer Senhaji, Maker’s Business Development lead, says that the crypto-backed stablecoin project expects to release Multi-collateral Dai (MCD), which will be backed by other assets, before the end of the […] The post Maker Promises Multi-Collateral DAI In 2019 appeared first on Crypto Briefing. дальше »
2019-6-13 18:06 | |
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I Would Not Long or Short Bitcoin, Says Billionaire Stablecoin Investor Druckenmiller
Billionaire investor Stanley Druckenmiller says he wouldn’t touch bitcoin due to concerns over value proposition and volatility
дальше »2019-6-4 13:35 | |
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Bitcoin Price ‘Coiling Up’ For $10K, Says Max Keiser As Tether Hits Record $3B Market Cap
Bitcoin industry figures are throwing their weight behind predictions Bitcoin price will reach $10,000 soon as Tether’s market cap passes $3 billion. $10K BTC Next? Stablecoin Tether, whose issuing company has continued its activities as normal despite an ongoing US court case, increased its supply by 100 million USDT tokens May 24. дальше »
2019-5-25 19:00 | |
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Tether [USDT]’s volume should be seen as a ‘completely irrelevant metric’, says researcher
Tether [USDT] has been a topic that has been voraciously discussed across the board lately, with the Bitfinex-Tether scandal providing the ground for the controversy surrounding the stablecoin. Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. дальше »
2019-5-25 23:30 | |
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Tether Says It Invested Some of Its Reserves Into Bitcoin and Other Assets
A new court filing revealed that stablecoin issuer Tether said that it had invested some of its reserves in bitcoin
дальше »2019-5-22 22:25 | |
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Polychain CEO Says Facebook’s Rumored Stablecoin Blockchain Should Be Public
The CEO of Polychain Capital CEO says Facebook will find the most success if it relinquishes authority over the blockchain of its rumored native cryptocurrency
дальше »2019-5-16 04:00 | |
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