Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions.
Global Crypto Framework Needed to Stop ‘Regulatory Arbitrage,’ Watchdog Warns
Tradewind, Canadian Mint to Verify Origins of Precious Metals on Blockchain
Tradewind Markets is tracking the geography, name and standards of mines that produce precious metals for the Royal Canadian Mint.
Former Fed Nominee Stephen Moore Backs Fractional Reserve Stablecoin
Stephen Moore, whose failed bid to join the Fed imploded within months, has a new plan to disrupt global finance: a fractional reserved-backed stablecoin.
Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar.
Tether Ordered to Freeze Transfers to Bitfinex by New York Supreme Court
A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing investigation by the NY Attorney General.
Ethereum Stablecoin DAI Has Returned to Its Highly Sought Dollar Value
For the first time in months, the dollar-pegged stablecoin DAI is trading on major cryptocurrency exchanges actually at $1.
MakerDAO to Increase Fees Above 10% Threshold in Bid to Stabilize DAI Stablecoin
Investors who hold tokens in the programmatic lending protocol MakerDAO appear likely to approve a fifth fee increase that would further raise the cost of platform’s US dollar-backed stablecoin DAI. Since Monday, five different options have been presented to MakerDAO token holders, all of which suggested different possible increases to the platform’s “stability fee,” the most extreme […]
Facebook to Develop its Own Stablecoin for Remittances: Report
Social media giant Facebook is reportedly working on to launch its own stablecoin for money transfers through its popular messaging app WhatsApp.
Facebook to Develop its Own Stablecoin for Remittances: Report
Social media giant Facebook is reportedly working on to launch its own stablecoin for money transfers through its popular messaging app WhatsApp.
Binance Pauses Tether Withdrawals After Denying Delist Rumor
Binance suspended tether withdrawals Monday after pushing back against rumors that the exchange would delist the stablecoin.
Bain, Lightspeed Back First ICO With $133 Million Basis Funding
There are many stablecoins, but only one that has one investor who busted a central bank and another who used to help run one. Also, Google and Bain.
500 Startups Backs $500k Seed Round for Stablecoin Project
Blockchain startup Stably has garnered $500,000 in seed funding to launch its stablecoin.
$125 Million Raised in Basecoin SAFT Sale, SEC Filing Shows
Basecoin developer Intangible Labs raised $125 million in a SAFT sale, SEC filings show.
