The United Kingdom’s Prudential Regulatory Authority (PRA) has announced plans to propose a set of rules for the issuance and holding of digital assets. The decision comes as the use of digital ...
Tag: issuance
Messari Report Reveals Financial Health Of Tron (TRX), Siemens Announces Issuance Of Digital Bonds On Polygon (MATIC), While TMS Network (TMSN) Rules Market With Novel Roadmap
TMS Network’s (TMSN) initial coin offering has infused a renewed sense of optimism in the market. TMS Network (TMSN) is set to overtake several crypto projects during its presale round, which began at...
Japan to launch CBDC pilot program for issuance of digital Yen
Ad Bank of Japan director Uchida Shinichi said that the apex bank would launch a central bank digital currency (CBDC) pilot program to test the use of digital yen from April. The Bank of Japan launche...
Hong Kong scores first HK$800M issuance of tokenized green bonds
Ad The government of Hong Kong has announced the successful sale of the world’s first tokenized green bonds worth roughly HK$800 million ($102 million). The Hong Kong Monetary Authority (HKMA) launche...
Siemens announces issuance of 1st digital bond on Polygon
Ad Siemens, Germany’s third-largest publicly traded company by market cap, has issued its first digital bond worth €60 million ($64 million) on the Polygon blockchain. The bond was issued in accordanc...
Stablecoin Issuance Drop Worries Morgan Stanley About Crypto Market Stability
According to a research report published by American investment banking company Morgan Stanley on February 13, stablecoins play an important part in cryptocurrency trading, and their products might po...
SEC Orders to End Issuance of BUSD: Crypto Community Shudders
The rigid crypto regulations have heavily impacted the crypto space. The SEC-Paxos lawsuit has created fear among the crypto community. The prices of the leading cryptocurrencies gradually rose by 1% ...
Circle Takes on Binance: Regulatory Complaint Filed Over Stablecoin Issuance
The implosion of FTX and Alameda – which has often been described as one of the largest institutional failures in modern American history – has begun a new wave of stablecoin regulatory scrutiny acros...
BUSD Issuance Stops, CZ Responds, BUSD Will Be Redeemable, Is USDC Next?
U.S. regulatory crackdown on crypto companies gains momentum. Paxos has disclosed that it will end its relationship with Binance for the Binance USD stablecoin and will end the issuance of new tokens ...
Paxos Halts BUSD Stablecoin Issuance, Here’s What Binance CEO Has To Say!
In light of the continuing investigation by New York regulators, blockchain infrastructure platform Paxos Trust Company will stop issuing new Binance USD (BUSD) stablecoins. The third-largest stableco...
Stablecoin Issuer Paxos Ceases BUSD Issuance After SEC Reportedly Threatens Lawsuit ⋆ ZyCrypto
Advertisement     In what will be seen as a major escalation in its crypto enforcement agenda, the Securities and Exchange Commission (SEC) is preparing to sue Paxos f...
Paxos Ceases Issuance of Binance’s BUSD Stablecoin
Paxos, the premier regulated blockchain and tokenization infrastructure provider, has announced that it will end its relationship with Binance for the BUSD stablecoin brand. The decision, which comes ...
SEC to pursue Paxos for Binance USD stablecoin issuance
SEC has begun legal plans to sue Paxos for issuing and listing Binance USD, a well-known stablecoin in the crypto ecosystem. The financial watchdog argues that the firm’s token issuance violates inves...
BNB declines after Paxos ordered to stop BUSD issuance
Binance’s native coin BNB has declined nearly 6% in the past 24 hours, trading to lows of $289 on major cryptocurrency exchanges. According to CoinGecko data, Binance Coin price hit highs of $321 late...
Korean Regulator Approves Issuance and Distribution of Security Tokens – Regulation Bitcoin News
South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’...
Ethereum Prices Close on $1,600 as Issuance Turns Deflationary
Ethereum prices have surged to their highest levels for ten weeks. Additionally, ETH issuance is back in the deflationary territory as network demand ramps up. Ethereum prices closed in on $1,600 duri...
El Salvador Approves Digital Assets Issuance Law – Regulation Bitcoin News
The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue crypto-related debt instruments. The approved law, which was passed t...
Mexican CBDC Issuance to Be Delayed Past 2024
The Mexican CBDC will not launch until after 2024 because its development is still in its initial stages. According to new reports, the Mexican central bank digital currency (CBDC) will likely not be ...
French regulator pushes for faster issuance of crypto licenses
France’s financial markets authority Autorité des marchés financiers (AMF) is the latest entity in the country calling for regulation of cryptocurrency operators. In particular, the AMF is pushing for...
Ethereum token issuance continues inflationary, deflationary swing
After years in the making, the Merge was finalized on Sept. 15, switching Ethereum from Proof-of-Work (PoW) to Proof-of-Stake (PoS). The roll-out enacted several benefits, including cutting the chain’...
Stablecoin Issuance Proposed in Argentina’s Province
South American country Argentina is witnessing a tremendous inflation problem. The problem has gone so big that it is in dire need of a solution. Given the times are sensitive for the economy, the cou...
Ethereum Issuance Drops to Zero as XEN Minters Burn Gas
Ethereum is about to switch back into deflationary issuance. This generally happens when on-chain activity and gas consumption increase. On-chain activity on the Ethereum network has increased over th...
Court approves issuance of subpoenas to 3AC co-founders
Liquidators of Three Arrows Capital (3AC) have received approval to issue a subpoena to co-founders Su Zhu and Kyle Davis. A subpoena is an order issued by the court to have the recipient testify and ...
Ethereum Net Issuance Since Merge Reaches 2,400, Has Deflation Experiment Failed?
Arman Shirinyan Dream of deflation flies away from Ethereum as net issuance is positive again Ethereum’s deflation was initially considered as the main fuel for the growth of the second biggest ...
Next Week Set to Be Most Active Period for High-Grade Issuance in December
(Bloomberg) — Investment-grade borrowers are expected to bring lots of new offerings next week to complete deals ahead of an anticipated holiday season slowdown. Most Read from Bloomberg Dealers...
Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets – Regulation Bitcoin News
The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechan...
Ethereum’s net issuance reading since merge has got some tips for traders
Ethereum’s total net issuance witnessed a massive spike. The number of Ethereum’s retail investors also grew over the past few days. Glassnode, a crypto analytics firm, reported that over the past few...
El Salvador Drafting New Digital Asset Issuance Law
6 hours ago | 2 mins read Bitcoin News The new law would make it easier to do business with any cryptocurrency. A document posted on the El Salvadoran National Assembly’s website reveals details. In s...
El Salvador Submits Issuance Bill For Full Crypto Adoption
El Salvador President Nayib Bukele remains unperturbed during the deepening crypto winter. His economy minister has just submitted a bill facilitating the full legalization of cryptocurrencies. El Sal...
Circle’s USDC issuance falls 3 billion from Binance stablecoin conversions
Circle, the company behind the issuance of USDC Coin (USDC), said recent events have caused it to miscalculate its financial projections — referring to the collapse of FTX and a decision by rival exch...
SEC wins suit against LBRY in major blow to crypto token issuance
The Securities and Exchange Commission has prevailed in a courtroom battle with decentralized publishing platform LBRY after arguing that its token was subject to regulatory oversight. The court...