The stablecoin is becoming a central part of cryptocurrency, and there has been much talk about regulation recently. There seems to be much floundering around, trying to get a handle on just how to do this.Read more
Bullish sentiment is running high across the cryptocurrency market on Oct. 20 as Bitcoin’s (BTC) surge to a new all-time high at $67,000 thrust the digital asset into uncharted territory and investors are closely watching to see how altcoins and DeFi tokens react to the move.Read more
A high-profile blockchain lobby group is urging United States lawmakers to adopt a “technology-neutral” approach when it comes to stablecoin regulation, arguing that dollar-pegged cryptocurrencies do not pose a system risk to the financial system.Read more
The U.S. Commodities Futures Trading Commission released an order in which it claimed no issues with Tether’s current operations.
In response to the order from the CFTC, Tether released its own statement on the matter.
Tether (USDT), the largest stablecoin issuer by market capitalization, has refuted the details of a Bloomberg story on its reserves holdings.Read more
EURST, a live audited asset-backed stablecoin, has announced today the launch of their live audit dashboard with Armanino LLP, one of the 25 largest accounting and business consulting firms in the U.S.Read more
Protocol upgrades are one of the biggest drivers of momentum because they show developers’ dedication to fixing bugs, incorporating user requests and adding new features that make the protocol competitive and shore up the token’s value.Read more
This week, United States lawmakers and regulators have stolen much of the spotlight once more.Read more
The Biden administration is reportedly considering a new legal framework for stablecoin issuers that would put them in the same category as banks, raising questions about the future of crypto regulation in the country.Read more
Global payment giant Visa has introduced a project that aims to be “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC).
According to an official Sept.