Stablecoins
Former CFTC Chairman: SEC Was 'Absolutely Right' to Sue Terraform Labs, Do Kwon
Timothy Massad, now a research fellow at Harvard’s Kennedy School of Government, said U.S. bank regulators have the ability right now to create a framework that could license stablecoin issuers.
Coinbase Exec: US Congress Needs to ‘Step Up’ Its Crypto Regulatory Efforts
Chief Policy Officer Faryar Shirzad said the exchange would “love to register” its two dormant broker-dealers, but the reality is no clear direction has been provided by lawmakers on Capitol Hill.
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.
Dollar Stablecoins Are Great for Users and the US Government
Economist Omid Malekan responds to a recent CoinDesk editorial, arguing that stablecoins are worth the risk.
Stablecoins Are Not New. So Why Are Regulators Attacking Paxos?
Former Paxos head of portfolio management for BUSD argues that stablecoins can be as safe as regulated financial products like money market funds.
Binance CEO Distances Himself From BUSD Stablecoin as Regulators Act
Changpeng Zhao said Binance will continue working with other stablecoin issuers, and that he’s skeptical about claims Circle raised alarm bells with regulators.
Investors Rush to Tether as Paxos' BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said.
Morgan Stanley: Falling Stablecoin Issuance Is Negative Sign for Crypto Trading
U.S. regulatory efforts are likely to focus on stablecoin regulation, the report said.
Stablecoin Lender Liquity's LQTY Token Surges 45% as New York Regulator Goes After Paxos' BUSD
Traders look more closely at decentralized censorship-resistant stablecoin lending protocols like Liquity in the wake of regulatory action on Paxos' centralized dollar-pegged cryptocurrency BUSD.
Crypto Traders' Focus on Curve USD Stablecoin Drives Curve Token Price Higher
Tokens related to decentralized stablecoin protocols gained in the past 24 hours following troubles at Paxos’ BUSD offering.
