Stablecoin

Global Crypto Framework Needed to Stop 'Regulatory Arbitrage,' Watchdog Warns
Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions.

Tradewind, Canadian Mint to Verify Origins of Precious Metals on Blockchain
Tradewind Markets is tracking the geography, name and standards of mines that produce precious metals for the Royal Canadian Mint.

Former Fed Nominee Stephen Moore Backs Fractional Reserve Stablecoin
Stephen Moore, whose failed bid to join the Fed imploded within months, has a new plan to disrupt global finance: a fractional reserved-backed stablecoin.

Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar.

Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court
A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing investigation by the NY Attorney General.

Ethereum Stablecoin DAI Is Trending Towards Its Highly Sought Dollar Value
After four months, the ethereum-based stablecoin DAI looks to be maintaining a steady dollar valuation.

MakerDAO to Increase Fees Above 10% in Bid to Stabilize DAI Stablecoin
MakerDAO appears set to approve a fifth fee increase that would further raise the cost of platform's US dollar-backed stablecoin DAI.

Binance Pauses Tether Withdrawals After Denying Delist Rumor
Binance suspended tether withdrawals Monday after pushing back against rumors that the exchange would delist the stablecoin.

500 Startups Backs $500k Seed Round for Stablecoin Project
Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin.

$125 Million Raised in Basecoin SAFT Sale, SEC Filing Shows
Basecoin developer Intangible Labs raised $125 million in a SAFT sale, SEC filings show.

