Stablecoin
SEC Sues Terraform Labs, CEO Do Kwon For Defrauding Investors
On Thursday, the U.S. Securities and Exchange Commission (SEC) sued Terraform Labs, the firm behind the failed TerraUSD stablecoin, and its co-founder, Do Kwon. The SEC is charging Terraform and Kwon with fraud, selling unregistered securities, selling unregistered security-based swaps and other related claims. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the charges in the aftermath of a collapse that triggered a wave of bankruptcies in the crypto industry.
Former CFTC Chairman Massad Reacts to SEC Suing Terraform Labs, Do Kwon for Misleading Investors
The U.S. Securities and Exchange Commission (SEC) sued Terraform Labs, the company behind the failed TerraUSD stablecoin, and its co-founder, Do Kwon. Former CFTC Chair and Harvard Kennedy School Research Fellow and Director of the Digital Assets Policy Project Timothy Massad discusses his outlook on stablecoins and crypto regulation in the U.S. Plus, the significance of a clearer regulatory framework for government agencies to protect investors better.
La stablecoin USP perde il suo ancoraggio al dollaro mentre il protocollo DeFi Platypus subisce un attacco da 8,5 milioni di dollari
L'attacco al prestito flash ha causato la caduta della stablecoin nativa di Platypus Finance da $ 1 a 48 centesimi. La potenziale perdita è di $ 8,5 milioni, secondo la società di sicurezza blockchain CertiK.
Il token TRU di TrueFi sale di oltre il 200% dopo che la TUSD Mint di Binance scatena le speculazioni
Sembra che il Rally sia dovuto al fatto che i trader hanno erroneamente collegato TRU a TUSD, una stablecoin emessa in passato da TrueFi ma che ora non lo è più.
Il dramma BUSD prepara il terreno per il rimpasto del mercato delle stablecoin
La scommessa di Binance sulla sua stablecoin BUSD potrebbe ritorcersi contro un rilancio del Mercati dei token crypto ancorati al dollaro.
USDT di Tether guadagna 1 miliardo di $ mentre Paxos brucia oltre 1,8 miliardi di $ di stablecoin Binance USD
L'aumento avviene in un momento in cui Paxos, emittente BUSD , è sottoposto a un controllo normativo sempre più rigoroso.
Former Paxos Head of Portfolio Management on 'Noise and Confusion' Around Stablecoins
Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell discusses the case for stablecoins and how it is a "very simple instrument." Campbell added, "One of the things that's always been a little bit confounding to me is the extreme sort of noise and confusion around [stablecoins] when really, they work very similarly to the things we're already familiar with and quite frankly had a great deal of reform in."
Stablecoin Issuer Paxos Burns $700M Binance USD Amid Regulatory Pressure
Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday. That was when Paxos announced it would stop issuing the cryptocurrency amid mounting regulatory pressure, blockchain data shows. Jesse Austin Campbell, Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor, discusses his outlook for the stablecoin market and crypto regulation.
Paxos to Stop Minting Stablecoin BUSD: What Happens Next?
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell weighs in. "The lesson showing people here is that over the last few years, the greatest mistake is to be an on shore regulated company in the crypto space," Campbell said.
