The United Kingdom is striving for regulating stablecoins on its shores as Nadhim Zahawi, the new Chancellor of the Exchequer, is looking to establish his foothold as the new sheriff in town. Zahawi ...
Tag: Stablecoin
Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
The offices of Chairwoman Maxine Waters (D-Calif.) and the panel’s ranking Republican, Patrick McHenry (R-N.C.), have preliminarily agreed that stablecoins should be directly reinforced with assets su...
Decentralized Stablecoin Protocol Bluejay Finance Secures $2.9 Million in Funding
Advertisement     Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and others have invested $2.9...
Stablecoin Protocol Bluejay Finance Raises $2.9 Million in Funding From Asian Investors
To issue stablecoins tied to real-world currencies, Bluejay Finance, a capital-efficient decentralized stablecoin protocol, has secured $2.9M in investment from Zee Prime Capital, C2 Ventures, Stake C...
Asia-Focused Multi-Currency Stablecoin Protocol, Bluejay Finance, Raises $2.9 Million in Funding
July 20, 2022 – Singapore, Singapore Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9 million in funding ...
Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding
Singapore, Singapore, 20th July, 2022, Chainwire Bluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in fu...
Multi-currency stablecoin protocol Bluejay Finance raises $2.9M in funding
Bluejay, a multi-currency stablecoin protocol for issuing stablecoins pegged to real-world currencies, has concluded a $2.9 million funding round. Several venture capitals and DeFi projects took part ...
Crypto Market Hits 1 Trillion in Cap Again with Stablecoin Share Falling; Up Trend?
Gamza Khanzadaev Blockware analyst shares quite compelling alpha graph of current state of crypto market Despite the risk of severe economic turmoil and quite negative sentiment just a week ago, the c...
USDC issuer Circle lays out its hopes for coming stablecoin policy
Dante Disparte, the leader of Circle’s government work, on July 18 published a set of 19 principles for stablecoin regulation, as part of the company’s efforts to shape US stablecoin polic...
Russia Announces the Release of a Stablecoin Backed by Palladium
– Advertisement – Stablecoin Backed by Palladium Released in Russia. Atomyze, a tokenization platform supported by the Russian government, has just released its first digital asset, which ...
What is AAVE? Why AAVE’s Own Stablecoin GHO is A Hot Topic?
The cryptocurrency world is full of various lucrative projects. This article is all about What is Aave crypto and the project’s new announcement. Is this DeFi project worth it? Let’s take a look at it...
‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin
The Russian government-backed tokenization platform Atomyze has issued its first digital asset backed by palladium in collaboration with the local bank Rosbank. Rosbank officially announced on Monday ...
Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says
“Apparently, we’ll have options for both banks and non banks,” Himes told CoinDesk in an interview. He said Chairwoman Maxine Waters (D-Calif.) and the ranking Republican on the committee, Rep. ...
G20 Nations Affirm Need for Cross-Border Coordination and Stablecoin Regulation
Finance ministers and central bank governors from the G20 nations spoke about the need for cross-border cooperation and stablecoin regulation at a recent meeting. Governmental figures from the G20 nat...
Circle Claims Stablecoin USDC Fully Backed by Cash Reserves
30 mins ago | 2 mins read Altcoin News The firm no longer has any commercial paper on hand. As of June 30, Circle had $42.1 billion in U.S. government bonds. A detailed analysis of the assets underly...
Circle Claims USDC Stablecoin Is Now Fully Backed by Cash, US Treasuries
Circle, the payments company behind the USDC stablecoin, has released a full asset breakdown of the reserves backing its growing dollar-pegged token. The level of detail provided by Circle in its Thur...
AAVE Spikes 17% in Response to Stablecoin Developments
AAVE, a popular decentralized finance platform, is a lending and borrowing protocol with $5.63 billion in total value locked (TVL). AAVE network gained after its Relative Strength Index (RSI) recovere...
Stablecoin Issuer Circle Reveals Comprehensive Breakdown of USD Coin Reserves in Push Toward Transparency
Stablecoin issuer Circle is unveiling a full breakdown of its USD Coin (USDC) reserves as part of its commitment to increase transparency. According to a new company blog post, Circle is issuing its f...
Stablecoin Regulation Ramps Up Across the Globe With New BIS Guidance
Stablecoins generally must follow the same settlement rules as traditional finance, BIS said In the wake of UST, clear rules are essential, international governments agree As regulators around the wor...
The Central Bank of Russia (CBR) And The Ministry Of Finance Fought Over Stablecoin
Representatives of the Central Bank of Russia (CBR) and the country’s Ministry of Finance have fought once again over the latter’s proposal to support the stablecoins that some private investors have ...
Stablecoin rules among topics discussed during Janet Yellen’s meeting with Japanese officials
U.S. Treasury Secretary Janet Yellen met with Bank of Japan Governor Haruhiko Kuroda to discuss several multilateral financial regulatory issues, including stablecoins, Reuters reported. According to ...
Terra’s Fallen USTC Held 7th Largest Stablecoin in Q2 Despite $0.03 Peg
Singapore-based cryptocurrency data aggregator CoinGecko has just released its second quarter (Q2) report for 2022. The report outlined the condition of the entire stablecoin market. The top 15 stable...
Digivault Becomes the First Custody Partner of the GBP-Backed Stablecoin PoundToken
[PRESS RELEASE – Please Read Disclaimer] Digivault has entered into a partnership with poundtoken.io, the first British-Isles regulated stablecoin that is 100% backed by GBP. This comes as market vola...
BIS Committee and IOSCO issue guidance for regulation of stablecoin arrangements
The principle of “same risk, same regulation” for crypto received further confirmation with the release Wednesday of new guidance on stablecoin arrangements (SAs). The guidance, issued by the Bank for...
EuroCoin (EUROC) Euro-Pegged Stablecoin by Circle Goes Live: Comprehensive Guide
Digital payments heavyweight Circle Inc. shared the first details of its novel product. EuroCoin (EUROC) stablecoin will unlock new trading, liquidity management and value transfer opportunities for c...
ECB calls for stablecoin regulations to protect wider economy
The European Central Bank (ECB) is urging the European Union to push ahead with cross-border stablecoin regulations, drawing particular attention to their increasing influence across digital assets ma...
COTI Partners Iagon to Integrate Cardano’s Official Stablecoin $Djed Into Its Cloud Computing Marketplace
– Advertisement – COTI, a leading enterprise-grade fintech company based on the Cardano network, has announced a partnership with cloud computing platform Iagon. According to a Medium blo...
Brazil’s PicPay to launch crypto payments and real-pegged stablecoin
Popular Brazilian mobile payment app PicPay announced Monday that it plans to start supporting cryptocurrency payments, as well as launch its own cryptocurrency exchange and a stablecoin pegged to the...
ECB Recommends Mining Ban and Urgent Stablecoin Regulations
It comes as no surprise that the central bank wants to curtail crypto as much as it possibly can, advising EU lawmakers with a recent research paper. On July 12, crypto venture advisor at Presight Cap...