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Cryptocoins News / Blockchain - 3 years ago
The US Federal Reserve is planning to establish a specialized team of experts to keep up with developments in the cryptocurrency industry, specifically focusing on stablecoins. The move comes amid concerns that unregulated stablecoins could put house...
Cryptocoins News / The Cointelegraph - 3 years ago
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar. The stablecoin ecosystem felt an immediate effect as USD Coin...
by COINS NEWS - 3 years ago
The crypto ecosystem never fails to surprise me. People have been FUDing USDT for ages and it has managed to stand taller than anything else that's in existence. First UST fell, now USDC is depegging as we speak. This also highlights that stable...
Bitcoin News / Google News Bitcoin - 3 years ago
Bitcoin, Ethereum Price Rising Despite Bank Woes, Stablecoins Depeg& & CoinGape
by COINS NEWS - 3 years ago
USDC printed a -1% candle an hour ago. It's possibly in trouble because because of it's cash reserves being held by silvergate & SVB. USDT has been trading slightly above the peg today, probably because people are shifting to it from USDC...
Cryptocoins News / Blockchain - 3 years ago
Arthur Hayes, the co-founder and former CEO of BitMEX, has proposed creating a new stablecoin called the Satoshi Nakamoto Dollar (NUSD) or NakaDollar. Unlike major reserve-backed U.S. dollar-pegged stablecoins, the proposed NakaDollar would be pegged...
Cryptocoins News / The Cointelegraph - 3 years ago
The Fed’s vice chair for supervision said that the central bank does not want to curb innovation but ensure that regulations protect households and the financial system....
More / Etherum Reddit - 3 years ago
Issuing a stablecoin As the title says, I want to emit a stablecoin backed by real estate. I have been searching, the web, for info, but didn't find much so I ask here. What are the legal terms to issue a stable coin in EU and US? How do i conver...
Bitcoin News / Bitcoinist - 3 years ago
Former CEO and co-founder of BitMex crypto exchange Arthur Hayes proposed a new stablecoin design with a value pegged to Bitcoin. He called it Satoshi Nakamoto Dollar (NUSD) or NakaDollar. The crypto community continues supporting stablecoins despite...
Bitcoin News / Google News Bitcoin - 3 years ago
Arthur Hayes Proposes Bitcoin-Backed Stablecoin Called NakaDollar& & CoinDesk
Cryptocoins News / CoinJournal - 3 years ago
Key takeaways CFTC chair Rostin Behnam believes that stablecoins and Ether are going to be commodities. The CFTC has always maintained that Bitcoin, Ether, and other cryptocurrencies are commodities. Behnam has called for a proper regulatory fr...
Bitcoin News / Bitcoinist - 3 years ago
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has once again reaffirmed the agency’s position that stablecoins should be classified as commodities and placed under its jurisdiction. At a Senate Agricultural Committe...
Bitcoin News / Google News Bitcoin - 3 years ago
BitMEX co-founder Arthur Hayes proposes Bitcoin-based stablecoin& & Cointelegraph
Cryptocoins News / The Cointelegraph - 3 years ago
The proposed stablecoin, the Satoshi Nakamoto Dollar, aims to be entirely free from any movements of the U.S. dollar, which require banking services. While United Stat...
More / Bitcoin Reddit - 3 years ago
submitted by /u/azcoinnews [link] [comments]
Cryptocoins News / The Cointelegraph - 3 years ago
In the tug-of-war between the United States regulators over control of crypto assets, the Commodity Futures Trading Commission chair has tripled-down on his stance that Ether and stablec...
Cryptocoins News / Blockchain - 3 years ago
Binance, the largest cryptocurrency exchange by trading volume, has turned to alternative stablecoins such as TrueUSD (TUSD) and decentralized stablecoins, following a regulatory action against its native stablecoin, Binance USD (BUSD), by the US Sec...
by COINS NEWS - 3 years ago
submitted by /u/Yautja69 [link] [comments]
Cryptocoins News / The Cointelegraph - 3 years ago
The Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place. Europe could lead...
Cryptocoins News / The Cointelegraph - 3 years ago
The sun sets on algorithmic stablecoins as Frax shifts to a fully-backed model. The Frax community recently approved a proposal to make its FEI stablecoin fully backe...
Bitcoin News / Google News Bitcoin - 3 years ago
Exchanges See Large Stablecoin Inflows, What Does It Mean For Bitcoin?& & NewsBTC
Cryptocoins News / EthereumWorldNews - 3 years ago
Summary: Babel Finance plans to repay creditors with a two-prong approach – a decentralized finance platform and a crypto-backed stablecoin token. The troubled crypto lender could soon move to keep creditors at bay by filing a six-month mo...
Cryptocoins News / The Cointelegraph - 3 years ago
The recent action from Binance comes in the wake of the NYDFS ordering BUSD issuer Paxos to stop minting new coins. Binance has turned to a new set of stablecoins in t...
by COINS NEWS - 3 years ago
submitted by /u/Elie0_0 [link] [comments]
Bitcoin News / Google News Bitcoin - 3 years ago
Forget Bitcoin, Coinbase CEO Advocates for a US-Backed Stablecoin (Op-Ed)& & CryptoPotato
