Stablecoins


Markets

Asset Manager Van Eck Says Stablecoins Should Be Treated as Investment Funds, Not Banks

Jan van Eck, the firm's CEO, argues against the position of government officials.

Jan van Eck, president and CEO of asset manager VanEck, speaks at Consensus Invest 2018 (CoinDesk)

Policy

IMF Chief Touts Advantages of CBDCs Over ‘Unbacked Crypto Assets’ and Stablecoins

Kristalina Georgieva said Wednesday that well-designed CBDCs “can potentially offer more resilience, more safety, greater availability and lower costs” than private cryptocurrencies.

WASHINGTON, DC - MARCH 04: IMF Managing Director Kristalina Georgieva speaks during a joint press conference with World Bank Group President David Malpass on the recent developments of the coronavirus, COVID-19, and the organizations' responses on March 4, 2020 in Washington, DC. It was announced yesterday that the Annual Spring Meetings held by the IMF and World Bank in Washington, DC have been changed to virtual meetings due to concerns about COVID-19. (Photo by Samuel Corum/Getty Images)

Videos

Stablecoin Regulation Takes Center Stage at House Hearing

The House of Representatives Committee on Financial Services is discussing stablecoins, seeking to better understand their possible risks and the potential regulatory framework that can best address them. “The Hash” panel discusses what we know so far.

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Policy

LIVE BLOG: The House Talks Stablecoins

Join CoinDesk reporters as they cover today's hearing live.

(Anna Moneymaker/Getty Images)

Policy

Stablecoin Regulation Takes Center Stage at House Hearing Today

The House Financial Services Committee is meeting to discuss stablecoin regulation today. Here's what we can expect.

(Drew Angerer/Getty Images)

Markets

NY Fed: Stablecoins Are Not the Future of Payments

Researchers at the New York branch of the U.S. central bank think tokenized deposits are the better way to go.

Beyond by Ken / Wikipedia

Finance

Japan's Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report

The trust banking arm of Mitsubishi UFJ plans to use blockchain technology for securities trading with the stablecoin acting as a payment instrument.

Japanese yen (Shutterstock)

Policy

Tether Responds to CoinDesk’s Intervention in Legal Proceedings

The stablecoin issuer maintains its reserves are "closely guarded" and give it a competitive advantage.

New York State Supreme Court (Mike Coppola/Getty Images)

Videos

What to Expect From House of Representatives’ Stablecoin Hearing Next Week

The House of Representatives will convene next Tuesday to discuss stablecoin regulation. The Senate Banking Committee will also hold its own hearing on stablecoins the week after. CoinDesk Global Policy and Regulation Managing Editor Nik De shares a preview.

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Markets

Federal Reserve Bank of NY Lays Out Possible Stablecoin Scenarios

Researchers look at how the digital assets could be part of the traditional banking system.

The U.S. Federal Reserve is taking a more cautious approach towards CBDCs than in many other countries, including China.