EU Aims At Full Regulatory Framework For Cryptos
The European Union’s (EU) executive branch has now laid out its plans to create an extensive framework for digital assets. Since the rise of the crypto sector, many governments and ...
Tag: Stablecoin
Brazil May Have A CBDC In 2 Years, Central Bank President Says
The president of Brazil’s Central Bank, Banco Central; has now said that Brazilians could expect to see a central bank digital currency (CBDC) before 2023. Based on a September 2 ...
Binance Plans To Send BUSD Across Blockchains Using Syscoin-Ethereum Bridge
The blockchain bridge integration is gaining ground in the crypto world. Analysts expect it to make the BUSD stablecoin available on the Syscoin blockchain for the first time since its ...
Libra Will Never Launch, Monetary Historian Says
Ever since Facebook announced that it plans to launch its Libra project in 2020, it faced huge opposition. Most of the main opposers of the project include governments, authorities, central ...
Compound (COMP) Encounters Colossal Losses, Still Dominant In DeFi Rankings
The market is seemingly crashing back to Earth after Coinbase Pro listing sent Compound Governance Token (COMP) prices up more than 100%. The COMP coin is the native token of ...
Ripple Mentions XRP In India’s New Crypto Framework
On June 18, the major crypto firm Ripple released a set of recommendations for the Indian lawmakers to legalize digital assets. The American fintech firm proposed the policy framework amid ...
Tether Adds Its Token to OMG Network to Reduce Network Load
Leading stablecoin Tether recently added its token on Ethereum sidechain to reduce the load on its network. The USD-pegged stablecoin has released its token on the Plasma-based OMG Network. Tether’s ...
Crypto Adoption May Affect Credit Creation, Bank of England Warns
The deputy governor for the financial stability of the Bank of England (BoE), Jon Cuncliffe, has said that the emergence of a crypto economy may eventually weaken or even eliminate ...
Celsius Increased Its Total Paid Crypto Loan Interest Twice Since November
Celsius Network reportedly doubled its interest payments in the last three months since its previous disclosure in November 2019. This represents one more signal of the constant growth of the ...
Libra Made Japan Take CBDCs Seriously; Ex-Central Banker Says
According to the former chief of payments and settlements at the Bank of Japan (BOJ), Facebook's Libra project made many central banks to consider the idea of digital currency issuance. ...
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