An EU-wide stablecoin initiative is receiving resistance across the union European lawmaker Sarah Knafo has made a strong case for Bitcoin while criticizing the European Central Bank’s (ECB) push for
Tag: stablecoin
A Ripple Payments Stablecoin Is Launching Today
The US dollar-backed stablecoin was recently approved by the NYDFS Ripple is launching its new US dollar-backed stablecoin, RLUSD, today. The news followed approval earlier this month from the New
Coinbase to delist Tether’s USDT stablecoin in Europe
A change in European cryptocurrency oversight is forcing exchanges to take action Cryptocurrency exchanges in Europe are taking significant steps to comply with the upcoming enforcement of the Markets in
Circle And Binance Want To Expand The Global Use Of Stablecoins
The two companies are partnering on new stablecoin initiatives centered on USDC Circle and Binance have announced a strategic partnership aimed at expanding the global adoption and utility of stablecoins.
SEC Unhappy With FTX Payout Plan, May Sue To Prevent It
The securities regulator doesn’t want creditors to be paid in stablecoins The US Securities and Exchange Commission (SEC) has raised concerns about FTX’s proposed payout plan for its creditors, indicating
Tether Has Reportedly Minted Another $1B USDT on the Tron Blockchain
The stablecoin has expanded its reach significantly over the past year Tether, the issuer of the USDT stablecoin, has recently minted an additional $1 billion worth of USDT tokens on
Tether looking to expand beyond cryptocurrency
The company is working on new projects that will help it diversify its offerings Tether, which runs the world’s biggest stablecoin by market value, recently announced restructuring to add new divisions outside developing stablecoin.
Senate Banking Committee looks for stablecoin support through marijuana
Senator attaches stablecoin legislation to a marijuana bill in hopes of pushing it through Sherrod Brown, the US Senate Banking Committee Chair, disclosed plans to combine a significant stablecoin bill
Sony is trialing a new stablecoin for gaming and sports payments
The company is exploring whether a native stablecoin can offer better protections Sony Bank, the financial arm of the Sony Group Corporation, announced it has begun researching issuing its own
Tether claps back at UN’s derogatory report of stablecoin use in illicit activity
Tether isn’t happy with the UN’s portrayal of the use of the stablecoin Major stablecoin company Tether has reacted to a United Nations (UN) report spotlighting the alleged involvement of