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PortuguêsOn Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex,…
Continue ReadingXRP’s price has been revolving in-and-around the $1 mark for quite some time now. The alt recorded its yearly high of $1.96 way back in April and has never been…
Continue ReadingAs cryptocurrencies are becoming more and more commonplace in the financial world, the demand for stablecoins has also risen significantly. And that is proved true as data shows the total…
Continue ReadingFrench multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal dubbed “Security Tokens Refinancing” was published on October…
Continue ReadingThe United States government appears keen to tame the rapidly growing stablecoin market, according to reports. The Biden administration is reportedly considering a new legal framework for stablecoin issuers that…
Continue ReadingVisa’s new blockchain interoperability project is designed to serve as a “network of blockchain networks.” Global payment giant Visa has introduced a project that aims to be “universal adapter” of…
Continue ReadingCOTI price rallied to a new high after a series of partnerships, exchange listings and a pivot toward NFTs lure new investors to the project. The blockchain ecosystem has evolved…
Continue ReadingAnclap expects to launch two more Stellar-based stablecoins for Chile and Colombia later this year. Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new…
Continue ReadingAt the Cardano Summit 2021, Input Output HK (IOHK) announced a partnership with COTI, as Cardano’s stablecoin platform. Moving forward, the COTI platform will be the official issuer of Djed,…
Continue ReadingCoti previously partnered with Cardano’s stablecoin hub Ardana to bring decentralized stablecoin payments to AdaPay. A new stablecoin is arriving on the Cardano blockchain to provide a tool for decentralized…
Continue ReadingOn September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social…
Continue ReadingAs of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen…
Continue ReadingBitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi. The growth of the decentralized finance (DeFi) sector has been a recurrent headline…
Continue ReadingPBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins. The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system,…
Continue ReadingCoinbase CEO Brian Armstrong has stated that SEC won’t meet with the firm, while asserting the 50% of Washington officials are concerned over the risks of crypto. Coinbase CEO Brian…
Continue ReadingAre stablecoins really stable? An in-depth case study based on the third-biggest stablecoin in the world answers the industry’s most pressing concerns. Stablecoins have emerged as significant players in the…
Continue ReadingConflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan. As financial authorities around the globe become increasingly concerned about stablecoin regulation,…
Continue ReadingEven with the massive inflow of institutional capital into the cryptocurrency market, many traditional financial institutions have continued to remain wary of this asset class. Joining their ranks was Europe’s…
Continue ReadingBanking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level. HSBC, the largest European bank with total assets of $3 trillion, maintains a…
Continue Reading“We’ve got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables,” said Gary Gensler. U.S. Securities and Commission,…
Continue ReadingCrypto doesn’t pose a big risk for the financial system until it’s adopted enough to be less volatile, the NBU said. The central bank of Ukraine has moved to support…
Continue ReadingWhile Coinbase seems to be facing imminent court action from the Security and Exchange Commission, it is signing new deals with other government agencies. The SEC is fighting against the…
Continue ReadingRecently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the…
Continue ReadingSmart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange. One of the familiar themes seen in previous crypto market…
Continue ReadingAs onlookers predict top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto. Amid speculation as to whether China’s…
Continue ReadingRGT, CRV and SNX saw double-digit rallies after new governance proposals and migrations to layer-2 platforms. Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin…
Continue ReadingLUNA price rallied to a new high above $45 following the launch of the ‘Project Dawn’ funding initiative and the upcoming Columbus-5 mainnet upgrade. In the last 24-hours, Terra (LUNA),…
Continue ReadingThe stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days…
Continue ReadingInstitutional investment, new governance features and a groundbreaking project with the government of El Salvador are just a few of the factors behind ALGO’s rally to a new all-time high.…
Continue ReadingCrypto traders flocked to the safety of stablecoins during the Sept. 7 market crash. A sharp sell-off across the cryptocurrency market Tuesday—that saw top tokens like Bitcoin (BTC), Ether (ETH),…
Continue ReadingIn our latest video report, Cointelegraph addresses the systemic risk posed by stablecoins. In Cointelegraph’s latest video report, we discussed the systemic risks posed by stablecoins to the stability of…
Continue ReadingThe Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins. United States Senator Elizabeth Warren, one of the most vocal cryptocurrency…
Continue ReadingCentre, the consortium created by Circle and Coinbase around USD coin (USDC), has assembled a team of new executives to power its expansion overseas. The new team, comprising six new…
Continue ReadingBranded stablecoins will revolutionize reward points in the same way nonfungible tokens are revolutionizing ownership. The adoption of nonfungible tokens has served as a practical entry point for users joining…
Continue ReadingLayer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the…
Continue ReadingAccording to David Marcus of Facebook, you must seek out ways to clients support NFTs if there is a good cryptocurrency wallet such as Novi. After completing Facebook’s exclusive crypto…
Continue ReadingNovi and Diem (Formerly known as Libra) underline the fact that Facebook simply doesn’t understand Bitcoin, and continues to flounder on delivering even its own stablecoin project, or a single…
Continue ReadingCoinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September. Coinbase president and COO, Emilie Choi, has announced that the reserves backing the stablecoin…
Continue ReadingWith the proper regulation, stablecoins could potentially fulfill their promise and enable more funds to reach those in greatest need. Institutional interest in crypto is growing, confirmed by a Goldman…
Continue ReadingThe market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States. Tether Holdings Ltd, the issuer of the largest stablecoin, Tether (USDT),…
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