Stablecoins

Stablecoins

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MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module

MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform.

(artpartner-images/The Image Bank/Getty)

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Federal Reserve Board: Recent Market Turmoil Shows ‘Structural Fragilities’ of Crypto

The report is a preview of Fed Chair Jerome Powell's testimony in Congress next week.

Bankers are warning the Federal Reserve board about the dangers of launching a digital dollar, at a time when several new members were sworn in this week. (Drew Angerer/Getty Images)

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Crypto Lending Platforms 'Should Be Regulated': Former CFTC Chairman

“A lot of people have losses who didn't understand the risks they were taking,” Timothy Massad said on CoinDesk TV’s “First Mover.”

Timothy Massad (CoinDesk TV screenshot)

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Lawmakers Say US Stablecoin Law Could Pass This Year

The U.S. could have a new federal law on stablecoins by the end of this year, lawmakers told attendees at Consensus 2022 in Austin, Texas. Sen. Pat Toomey (R-PA) is joined by Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY) and Rep. Patrick McHenry (R-NC).

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Congreso estadounidense podría aprobar ley de stablecoins este año, según legisladores

El colapso de terraUSD no ha hecho más que echar más leña al fuego para aquellos que dicen que el sector necesita claridad regulatoria, y rápido.

El senador Pat Toomey interviene en la conferencia Consensus 2022 en Austin, Texas. (Christian Barrett)

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Circle’s Disparte Calls CBDCs ‘a Preposterous Idea’ in Digital Dollar Debate

The stage at Consensus 2022 erupted with an intense dispute over the future of a Fed-managed digital currency.

Explorations Stage at Consensus 2022

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Litecoin Gets the Boot; India’s Tax Typo

Litecoin kicked out of South Korean crypto exchanges.Indian government clarifies crypto tax cut to 0.1% was a ‘typo’ error.Veteran investor Jim Rogers weighs in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Regulador cripto de Nueva York publicó una guía formal para los emisores de stablecoins

NYDFS estableció requisitos estrictos de reserva y certificación para los emisores de criptomonedas estables, en un esfuerzo para proteger a los consumidores y las instituciones financieras

Nueva guía para la emisión de stablecoins en Nueva York. (Gary Hershorn/Getty Images)

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New York’s Crypto Regulator Publishes Formal Stablecoin Guidance

NYDFS laid out strict reserve and attestation requirements for stablecoin issuers in an effort to better protect consumers and financial institutions.

Nueva guía para la emisión de stablecoins en Nueva York. (Gary Hershorn/Getty Images)

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Citi Says Crypto Market Volatility Has Affected User Adoption

Concerns about stablecoins following UST’s collapse have exacerbated declines in digital asset prices, the bank said.

Citibank (TungCheung/Shutterstock)