Stablecoins
House Committee to Vote on Stablecoin Legislation This Week
The U.S. House Committee on Financial Services is nearing a bipartisan agreement on a proposal to regulate stablecoins. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for stablecoins and the wider U.S. crypto regulatory landscape.
Circle's Cautious USDC Approach Has Paid Off, Despite Missteps
The USD stablecoin (USDC) issuer Circle reaffirmed its plans to go public later this year. Circle has adopted a more transparent and regulated approach in terms of USDC than its competition. "The Hash" hosts discuss the outlook for Circle and stablecoins at large.
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."
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."
Is Bitcoin’s Bottom Finally In?
Martin Leinweber, digital asset product strategist at MV Index Solutions, discusses the “major bottom signals” he’s monitoring for bitcoin (BTC) including “super bearish” sentiment readings and wider negative sentiment in the “macro backdrop” of the economy. Plus, outlook for stablecoins and investment opportunities to watch.
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).
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.”
