You Searched For "stablecoin regulation" and got 20 results
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2 mins read
The Biden administration is looking into regulating stablecoin issuers as if they're banks, new report says
The White House is also considering asking Congress to propose legislation to create a special-purp…
Isabelle Lee
1 min read
Binance pauses customer deposits of stablecoins Tether and USD Coin without explanation
Crypto markets have entered a new period of volatility amid the collapse of FTX, the world's second…
Brian Evans
1 min read
Paypal says it is looking into developing a dollar-backed stablecoin as payments giant boosts crypto efforts
PayPal confirmed the news to Bloomberg after a developer discovered the evidence inside PayPal's iP…
Isabelle Lee
9 mins read
Top 6 stablecoins in the crypto market — what are they, how they work and why they have governments worried
Stablecoins perform an important role of being an intermediary store of value. According to some ex…
2 mins read
Mike Novogratz discussed smart regulation and educating politicians about it, as well as why ether could become the biggest cryptocurrency in a recent interview - Here are the 10 best quotes
Galaxy Digital CEO Mike Novogratz believes the cryptocurrency market needs strong, smart regulation…
Camomile Shumba
1 min read
Head of consumer protection watchdog signals stance on digital assets with warning on stablecoins
The CFPB's new chief, Rohit Chopra, issued the warning during his first appearance before Congress …
Carla Mozée
1 min read
Tether to launch tokens pegged to the British pound in an expansion of its lineup of stablecoins
Putting British pounds on the blockchain will provide a "faster, less costly option for asset trans…
Carla Mozée
2 mins read
Binance admits its stablecoin sometimes lost the full backing it needed to keep its price fixed at $1
The crypto exchange hadn't always maintained the necessary dollar reserves to keep its BUSD-linked …
George Glover
2 mins read
Crypto exchange Binance freezes withdrawals of stablecoin USDC as rattled investors pull $2 billion in funds
Binance is facing questions over its reserves and reports of an imminent probe by US prosecutors, r…
George Glover
1 min read
Private cryptocurrencies and a US central bank coin would be able to coexist, Fed chief Jerome Powell says
The comments were be a shift in tone from July, when the Fed chair said he saw no need for cryptos …
Isabelle Lee
1 min read
Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch
The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…
Zahra Tayeb
1 min read
Republican senators want to ban Apple and Google from hosting apps that accept China's digital yuan stablecoin
Marco Rubio and Tom Cotton are two sponsors of a bill that would bar Apple and Google from hosting …
George Glover
1 min read
Billionaire investor Bill Ackman says Terra's algorithm sounds like the 'crypto version of a pyramid scheme'
Ackman tweeted his disapproval of Terra, suggesting that the crypto industry should "self-regulate"…
Cheryl Teh
2 mins read
Investors ploughed $300 million into bitcoin last week as Terra's stablecoin went into meltdown
It was a "strong signal that investors saw the recent UST stablecoin de-peg and its associated broa…
Zahra Tayeb
2 mins read
The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes
Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…
Zahra Tayeb
2 mins read
Myanmar's shadow government defies central bank by accepting Tether as official currency
Myanmar’s National Unity Government (NUG) is reportedly looking to raise funds for its ‘revolution’…
2 mins read
Ethereum cofounder Vitalik Buterin wants average Terra holders to be compensated via 'coordinated sympathy' after the stablecoin's crash
The cofounder of the world's second-largest cryptocurrency called for "smallholders" of TerraUSD to…
Phil Rosen
2 mins read
Tether losing its one-to-one US dollar peg exposed its vulnerability but also showed how the stablecoin can build confidence in the future
Tether has regained its US dollar peg. But experts say losing it earlier could be a wakeup call for…
Brian Evans
2 mins read
This week's vicious crypto crash shows a crisis of confidence in the entire ecosystem
For a market that is solely reliant on the dynamics of supply and demand, it's crucial that the cry…
Matthew Fox
2 mins read
A collapse of Tether could be crypto's 'Lehman Brothers moment' as the world's top stablecoin begins to wobble and major tokens plummet, analyst says
"I am optimistic that [Terra's] fall would not be that catastrophic — a collapse of [Tether] …