Stablecoin
It's Time for a Euro Stablecoin
The European Union's landmark Markets in Crypto Assets (MiCA) regulations provide much needed clarity for digital assets in Europe, setting the stage for a bloc-wide stablecoin.
Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle is considering issuing a stablecoin in Japan, given that legislation governing stablecoins took effect on June 1, the payment services company's co-founder and CEO Jeremy Allaire said. CoinDesk Executive Director of Global Content Emily Parker breaks down the details.
Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela
The approval does not absolve Rpay of its compliance duties, but does eliminate growing regulatory risks, the company said.
UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.
TrueUSD Depegs on Binance.US, Drops to 80 Cents Against Tether
The dollar-pegged stablecoin TrueUSD (TUSD) is trading at a discount relative to tether (USDT) on Binance.US, the U.S. subsidiary of Binance. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."
TrueUSD Stablecoin Has $26k of Funds at ‘U.S. Depository Halting Withdrawals,’ Reserve Report Says
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust.
Bitcoin Sees 20% Price Gain Since Last Thursday
Bitcoin (BTC) continues to hover around $30,000 after seeing a more than 20% price gain since last Thursday. 21.co co-founder and CEO Hany Rashwan discusses the macro headwinds potentially impacting bitcoin's price and the wider crypto markets. Plus, his outlook for stablecoins.
Tether Outlook as Crypto Winter Grinds On
CoinDesk's chief insights columnist David Z. Morris joins "The Hash" panel to discuss why stablecoin tether (USDT) could face serious pressure amid the U.S. Securities and Exchange Commission (SEC)'s apparent crackdown on the crypto industry, with recent lawsuits against Coinbase and Binance.
The Chamber of Digital Commerce CEO Reacts to Fed Chair Powell's Stablecoin Remarks
Federal Reserve Chairman Jerome Powell argued for the need for strong central bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee Wednesday. Perianne Boring, founder and CEO of The Chamber of Digital Commerce, discusses what to make of Powell's comments. "It's a bigger question of the whole path to this legislation," Boring said.
