Stablecoin
House’s Stablecoin Bill Likely to Face Major Delays as Negotiations Continue
The congressional efforts toward stablecoin oversight could face fatal delays as negotiations in the House Committee on Financial Services drag out further than the calendar is likely to allow. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.
Russia Exploring Stablecoin Settlements With Friendly Nations: Report
President Vladimir Putin had signed a law banning digital payments earlier this summer.
Binance Halts USDC Support; Inflation Hits Crypto
Issuer of USDC questions Binance’s move to convert users’ stablecoin holdings into its own BUSD. Meanwhile, inflation takes a bite out of financial assets. More on those stories and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Binance, Issuer of Third-Biggest Stablecoin, to Stop Supporting Larger Rival USDC
The action effectively removes the world's second-biggest stablecoin, USD coin, as a tradable asset on Binance's giant platform.
Stablecoin Issuer Tether Dismisses Wall Street Journal's Claim of Inadequate Reserves
The newspaper reported that the firm's assets outweigh its liabilities by just $191 million, implying a relatively "thin cushion of equity."
La provincia argentina de Mendoza ahora acepta criptomonedas para el pago de impuestos
Los pagos efectuados en criptomonedas se convertirían inmediatamente a pesos argentinos.
Argentina's Mendoza Province Now Accepts Cryptocurrencies for Tax Payments
Crypto payments would be immediately converted to Argentine pesos.
Algorithmic Stablecoin USDN Falls From Dollar Peg as Liquidity Slumps
The stablecoin is currently trading at 91 cents as speculation mounts over its sustainability.
Former CFTC Chair: Here's How SEC and CFTC Can Work Together to Regulate Crypto
Forming a self-regulatory governing committee “might be a way to develop standards for this market,” Timothy Massad said on CoinDesk TV’s “First Mover.”
