stable currency
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Cryptocurrency Market Remains Resilient Despite Stock Market Weakness and Regulatory Activities
It is reported that Citi (C) said in a research report on Friday that despite the weakness of the stock market and the increase of regulatory activities in the…
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The SEC is Not the Regulator of Stable Currencies, Says CEO of Circle
as report goes, Jeremy Allaire, CEO of Circle, a stable currency issuer of USDC, said in an interview: \”I don\’t think the SEC is the regulator of stable curren…
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Circle’s CFO Predicts Modest Growth in Employee Count
According to reports, Jeremy Fox-Geen, chief financial officer of Circle, the issuer of stable currency, said that the company had about 900 employees as of th…
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Frax Finance Community Proclaims Full Mortgage for Stable Currency
It is reported that the Frax Finance community voted to pass a governance proposal, setting the target mortgage rate (CR) of FRAX stable currency at 100%, and …
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US Regulators Aim to Stabilize Currency Market
It is reported that stabilizing the currency market has become a major goal of US regulators. After the news that BUSD (the dollar-based stable currency of Bin…
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Central Bank of Israel Issues Regulations for Stable Currency: Ensuring Financial Stability
It is reported that the Central Bank of Israel issued the regulation rules of stable currency, which follows the digital asset regulation guidelines issued by …
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Bank for International Settlements Criticizes Stable Currency
According to reports, Agustin Carstens, the general manager of the Bank for International Settlements (BIS), which criticized the stable currency, said that th…
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Tether’s Market Value Rises Amidst BUSD’s Regulatory Issues
It is reported that the market value of the stable currency issuer Tether (USDT) has increased by US $1.9 billion to US $70.3 billion since the news that the N…
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Coinbase Postpones Euro Coin Launch
According to the official news, Coinbase announced the postponement of the launch of Euro Coin, the euro stable currency. According to the latest information, …
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USDC Shows Rapid Growth as the Importance of Digital Currency to Global Business is Increasingly Obvious
According to reports, Circle, the issuer of the stable currency USDC, said that in the past few years, the stable currency operating like digital cash has grow…
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Financial Stability Board to Introduce Stricter Regulations for Cryptocurrencies
It is reported that Klaas Knot, chairman of the Financial Stability Board (FSB), said that the FSB would complete its guidance on the regulation of cryptocurre…
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Former CFTC Chairman Supports SEC’s Investigation of Stablecoin Issuer
According to reports, Timothy Massad, former chairman of the United States Commodity Futures Trading Commission (CFTC), said that it was absolutely correct for…
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Potential replacement of BUSD with a new stable currency
It is reported that some institutions have contacted and proposed to launch a new stable currency to replace BUSD. According to Patrick Hillmann, the chief str…
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Tether’s Market Value Rebounds Above $70 Billion but Remains Below Previous High
It is reported that according to the latest data of Coingecko, the market value of the stable currency Tether has returned to above 70 billion US dollars, reac…
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SEC Sues Terraform Labs and Co-founder for Fraud and Misleading Investors
It is reported that the United States Securities and Exchange Commission (SEC) sued Terraform Labs and its co-founder Do Kwon, the company behind the failed Te…
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Regulatory Action Targets BUSD and its Issuer, Paxos, but not Other Cryptocurrencies
It is reported that Bernstein said in a research report on Thursday that the regulatory action against the Binance USD (BUSD) stable currency and its issuer Pa…
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Stably Corporation Launches Stably USD on Polymesh Blockchain for Institutional Users
It is reported that the Seattle based Web3 payment infrastructure and stable currency as a service provider Stably Corporation announced the official launch of…
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Canadian Encryption Company Spirit Blockchain Invests in PIXEL for Global Expansion
On February 16, the Canadian encryption company Spirit Blockchain announced that it would make strategic investment in PIXEL to help PIXEL\’s next-generation st…
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Cryptocurrency Industry to Look Beyond US Dollar Linked Stablecoins
According to reports, CZ said in the official Twitter Space of Binance that after the US regulatory crackdown, the cryptocurrency industry may move away from t…
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Paxos Receives Notice from SEC Regarding Binance USD
According to reports, according to Monday\’s press release, Paxos, the issuer of the stable currency, admitted that it had received the notice from the United S…