2021-3-31 14:09 |
British regulators have identified the stablecoin market as their primary assignment amid efforts to create a legal framework for virtual currencies in the country. origin »
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Bitcoin price is back in the mid-$50,000 range, unable to push any lower despite bears best efforts and overheated technical indicators pointing to a potential trend reversal. However, several fundamental factors are proving to be too strong, and are setting the stage for the next leg up in the ongoing cryptocurrency bull trend instead. Here’s […]
2021-3-25 23:00 | |
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The world's largest audio streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project.
2020-12-4 03:49 | |
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The Financial Action Task Force [FATF], an inter-governmental organization that has pledged to combat money laundering and terrorism funding, has stated that Facebook and its stablecoin, Libra, would be subject to global standards on cryptocurrencies and traditional financial assets, according to reports.
2019-10-18 15:30 | |
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Based on the latest report by Circle, Bermuda became the first government to accept payments for taxes, fees and other government services using stablecoin, USD Coin (USDC). The acceptance of USD-backed cryptocurrency is a result of Bermuda’s efforts into supporting the use of USD-dollar backed stablecoins and decentralized finance protocols and services.
2019-10-16 19:56 | |
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In a bid to make it impossible for private firms to create their own cryptocurrencies, the German government has implemented a comprehensive blockchain strategy to thwart the efforts of tech giants like Facebook and others.
2019-9-19 01:00 | |
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With the creation of the USDC stablecoin, Centre Consortium including Coinbase and Circle had strengthened their hold over stablecoins in the volatile market. Coinbase has now stepped up its efforts to encourage growth in the Decentralized Finance (DeFi) space after it announced the USDC Bootstrap Fund for supporting DeFi protocols.
2019-9-11 11:00 | |
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As part of its efforts to attract mainstream investors, cryptocurrency lending platform Dharma is adding support for USDC in addition to Dai, an Ether-backed stablecoin. This is in a bid to increase investors’ confidence, since a U.
2019-5-23 06:35 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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Coinspeaker Facebook Reversing Crypto Ad Ban as They are Establishing Their Own CryptocurrencyFacebook has announced that they are relaxing their advertising ban on companies promoting products and services relating to crypto.
2019-5-9 12:55 | |
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Facebook has today announced a relaxing of its advertising ban on companies promoting products and services relating to crypto. The move comes as the social media giant is ramping up its own efforts to create a stablecoin to use within some of its applications.
2019-5-9 02:00 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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Prominent crypto researcher Christian Catalini is helping Facebook with its stablecoin efforts, two sources with knowledge of the situation tell CoinDesk.
2019-5-4 23:35 | |
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Prominent crypto researcher Christian Catalini is helping Facebook with its stablecoin efforts, two sources with knowledge of the situation tell CoinDesk.
2019-5-4 23:35 | |
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At Facebook’s annual F8 conference one of Mark Zuckerberg’s themes was “the future is private. ” This news also comes on the back of Facebook’s earlier announcements of launching a stablecoin for Whatsapp and its other efforts of decentralization.
2019-5-3 23:00 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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The elder brother of late drug kingpin Pablo Escobar is launching a new cryptocurrency in a bid to boot US President Donald Trump from office. Less than a day after having a $50 million crowdfunding campaign for its Impeach Trump Fund pulled by GoFundMe, Escobar Inc.
2019-1-11 15:10 | |
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Binance — one of the most popular digital currency exchanges across the globe — has announced that it will be adding the fiat-collateralized stablecoin USD Coin (USDC) to its trading platform on November 17, 2018.
2018-11-15 21:11 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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An independent researcher from the People’s Bank of China (PBoC) argued that China must increase its research efforts in the stablecoin space and support upcoming companies that are exploring a yuan-pegged cryptocurrency.
2018-10-12 16:00 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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ConsenSys Social Impact — a program designed to build blockchain-based solutions for global humanitarian issues — is partnering with MakerDAO and optiMize to launch a new Blockchain for Social Impact Incubator at the University of Michigan in Ann Arbor.
2018-9-20 01:55 | |
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The UK House of Lords has opened a formal inquiry into stablecoin regulation. Stablecoins are cryptocurrencies designed to maintain a stable value by being pegged to assets such as fiat currencies, and their increasing use in payments and financial markets has attracted attention from regulators worldwide.
The UK’s advertising regulator has moved to block a series of Coinbase advertisements, arguing that the campaign framed cryptocurrency as a response to cost-of-living pressures while downplaying investment risks.
The UK’s financial watchdog has entered the final phase of consultations on a sweeping set of proposed crypto regulations, marking a key milestone in the government’s efforts to bring digital assets firmly within the country’s regulatory framework.
Seven senior Labour MPs have asked Prime Minister Keir Starmer to prohibit cryptocurrency donations to political parties, urging the government to include a ban in an elections bill expected later this month, according to The Observer and The Guardian.
The approval allows limited crypto-related activities but not full financial services authorisation. Registration confirms compliance with anti-money laundering and counter-terrorist financing rules.
For years, the UK government has signaled its ambition to become a global crypto hub, but for those building the infrastructure, the pace of progress tells a different story. While the EU implements MiCA and offshore jurisdictions attract talent with favorable tax regimes, London remains stuck in the consultation phase. To understand the real impact […]
Bybit will gradually scale back services for Japanese users from 2026 amid ongoing regulatory pressure. Japan’s strict licensing rules are forcing unregistered crypto exchanges to limit or exit the market.