Stablecoins
Bitcoin Below $20,000; Voyager Refund Questions
Bitcoin price sinks below $20K ahead of U.S. CPI data. Voyager users to get back USD deposits; crypto refund plan uncertain. Celsius repays over $113 million in debt, recovers $122 million in collateral. Financial Stability Board highlights stablecoins in work on crypto regulation. Bank for International Settlements says cross-border payments key to CBDC development. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says
The Bank of England’s deputy governor said regulators should accelerate crypto rulemaking. If certain risks involving crypto can’t be managed, related activities must be stopped.
Global Financial Watchdog FSB to Propose Crypto Regulations in October
The Financial Stability Board will recommend ways to oversee stablecoins and other digital assets to the G-20.
Euro’s Fall Toward $1 Parity: What It Means for Crypto
The 1-to-1 exchange rate may add bearish pressures around bitcoin and inject volatility into euro-pegged stablecoins.
New York Regulators Have Planted a Seed for Stablecoin Transparency
New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist.
UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe
There’s been at least a bit of delay in the framework thanks to recent resignations from Prime Minister Boris Johnson's government.
Crypto Winter Hits NFTs; 3AC Files for Bankruptcy
Monthly NFT sales fall below US$1 billion for the first time in a year. Three Arrows Capital files for Chapter 15 bankruptcy in the US. Sam Bankman-Fried's FTX doubles down on BlockFi bailout. Experts weigh in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Argentinos se refugian en stablecoins durante el fin de semana tras dimisión del ministro de Economía
Los principales exchanges del país informaron que los usuarios compraron hasta tres veces más criptomonedas estables que durante un fin de semana normal, en medio una crisis económica en ciernes.
Argentines Take Refuge in Stablecoins After Economy Minister Resignation
Major crypto exchanges reported consumers purchased up to three times as many stablecoins over the weekend as they usually do amid a growwing economic crisis.
