As regulatory pressure continues to mount in the United States, policymakers are now considering stablecoins as most urgent in their latest regulatory risk assessment. In a September 16 Bloomberg report, ...
With proper regulation set in place, stablecoins can manage to fulfill their promise and ensure that more funds will reach all those in greatest need. Currently, institutional interest in the ...
Diem’s push to launch stablecoins and a payment system to serve the entire world suffered from another development of anti-crypto sentiment among major US policymakers. Facebook came up with an ...
The Reserve Bank of India (RBI) may start preliminary central bank digital currency (CBDC) pilot tests before the end of the year. India’s central bank is carefully considering the merits ...
The Poly Network hacker has returned over half of the $600 million that they stole to the cross-chain decentralized finance (DeFi) protocol. They went on to do a question-and-answer session ...
USD Coin (USDC), Circle’s dollar-pegged stablecoin, appeared to lose one of its biggest competitive advantages over its stablecoin rival, Tether (USDT). The major crypto exchange Coinbase has now made an ...
On August 9, 2021, Hybrid crypto-fiat platform Alchemy Pay said that the firm will be launching virtual crypto-linked cards. According to the announcement, the crypto cards will be accepting over ...
Janet Yellen, the United States Treasury Secretary, has openly expressed the urgent need for adopting regulatory rules for stablecoins. Yellen told financial regulators that lawmakers must “act quickly” to establish ...
On June 15, United States congressional representatives introduced a bipartisan bill intending to offer a defined description of assets, including digital tokens and other emerging technologies, under the existing securities ...
Europe needs to create a diverse and competitive digital ecosystem to become a global digital leader. The region knows that it will have to embrace the digital euro soon. To ...
