Stablecoins

Stablecoins

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FATF Joins BIS in Calling Stablecoins 'Global Risk,' Citing Money Laundering Concerns

Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday.

money_laundering_shutterstock

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Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7

A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability.

bitcoin image

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Tourists in Popular Japanese Region Could Soon Use a Local Cryptocurrency

Mitsubishi Research Institute and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan.

Ise bay

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WATCH: How JET8 Is Injecting Crypto Into the Social Media Value Chain

Jet8 says it is taking a new approach to social media and data ownership using blockchain.

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Bermuda Now Accepts USDC Crypto for Taxes and Government Services

Bermuda announced Wednesday it will accept payments in the USDC stablecoin "for taxes, fees and other government services."

Bermuda

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New Libra Fork Will Create Permissionless Stablecoin Free of Corporate Control

Thirty blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra cryptocurrency to build an open alternative.

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JPMorgan, Intel Alums Launch Revenue-Sharing Stablecoin USDD

A dollar-backed stablecoin with a twist: revenue-sharing with the institutions that use it.

two planes stablecoins Andrew Palmer

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Why Ethereum Briefly Overtook Bitcoin in Daily Transaction Fees

Ethereum transaction fees are back on the rise and they're gaining parity with those of bitcoin. Here's why.

ethereum, bitcoin

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Germany Passes National Policy to Explore Blockchain But Limit Stablecoins

Germany's cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook's Libra.

Reichstag, Berlin

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Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement

U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.

Wells Fargo