In a recent report by Moody’s Analytics, an unsettling pattern emerges within the cryptocurrency landscape. Throughout 2023, large-cap stablecoins, boasting a market valuation exceeding $10
Tag: stablecoins..
FCA & Bank of England To Regulate UK Stablecoins Amid Rising Risks
The Bank of England, along with the FCA (Financial Conduct Authority), recently issued a statement planning to jack up the regulation of stablecoins that pose
Singapore Floats New Regulatory Framework for Stablecoins
On Tuesday, August 15, the Monetary Authority of Singapore (MAS), the country’s central bank, released a new regulatory framework in order to boost the stability
Republicanss Announce No Deal On Stablecoins In US Congress
Crypto News: U.S. Congressman Patrick McHenry on Thursday expressed disappointed over the no deal on payments stablecoins bill with Democratic Representative Maxine Waters, blaming the
Bitcoin Price Pump Imminent Above $30k As Sharks and Whales Snatch Stablecoins in Droves
The leading cryptocurrency, Bitcoin (BTC), continues to tiptoe above $30,000, with many market watchers believing brighter days lie ahead, bolstered by an encouraging marginal decline
Japanese Banking Giant MUFG Plans for Issuing Stablecoins
Mitsubishi UFJ Financial Group Inc, the largest bank in Japan, is currently in talks with issuers of global stablecoins to issue its tokens through its
Ripple CBDC Platform Offers End-to-End Solutions for Launching CBDCs and Stablecoins
With some of the top economies across the world exploring central bank digital currencies (CBDCs), blockchain firm Ripple has unveiled the Ripple CBDC Platform as
Circle Executive To Testify In Committee Hearing On Stablecoins
Crypto News: A US House Committee on Financial Services is set to hold a hearing on “Understanding Stablecoins’ Role in Payments and the Need for
Binance’s Bitcoin, Ethereum, Stablecoins Netflow Reveals Stability Despite US CFTC Suit
The world’s largest crypto exchange Binance and CEO “CZ” was accused of violating crypto trading and derivatives rules in a lawsuit filed by the U.S.
Binance Switches To Multiple Stablecoins, Discontinues Auto-Conversion Policy
Binance CEO Changpeng “CZ” Zhao on Saturday announced that Binance will now support multiple stablecoins and discontinued its Binance USD (BUSD) Auto-Conversion policy introduced last
