Tag: Stablecoins
JPEX Fraud Case Scared Hong Kong Officials! Regulations Are Coming to Stablecoins!
Unlicensed virtual asset trading platform of JPEX allegedly involved in fraudulent activities, in hong kong brought regulatory frameworks to the agenda. Hong Kong Authorities Emphasize Need for Regulation After JPEX…
Justin Sun Minted 815 Million Stablecoins and Deposited to the DeFi Platform! There is an explanation!
TRON (TRX) founder Justin Sun minted hundreds of millions of dollars worth of stablecoins and transferred them to the decentralized finance (DeFi) platform Justlend. TRON founder Justin Sun is worth…
Fed Chairman Jeremy Powell Admits: Stablecoins Are Money!
Jeremy Powell, Chairman of the US Federal Reserve (FED), recalled the strict regulations that must be enforced while recognizing stablecoins as money. As Jerome Powell told a biannual session on…
Powell Mentioned Stablecoins In His Speech, Bitcoin Moves!
Fed Chairman Jerome Powellspoke in front of the Financial Services Committee of the US Congress House of Representatives today at 17:00. The text of Powell’s speech to Congress has been…
Stablecoins Are Quickly Moving to Exchanges! What Is This Foreshadowing?
Stablecoins are rapidly flocking to exchanges. Often this indicates a positive position as a signal of an increase. So what’s actually going on? Let’s take a look at our article.…
Binance Announces: Will Convert Zombie Coins To Stablecoins!
Binance made an important statement today. Accordingly, he seems to have found a solution for zombie coins. Let’s look at the details of our article. Binance and zombie coins What…
Japan’s Largest Bank Prepares to Issue Stablecoins on These 4 Altcoin Networks!
Japan’s largest bank MUFG with Progmat Coin solution Ethereum, Avalanche, Cosmos And polygon announced the issuance of local bank-backed stablecoins on multiple public blockchains, including The timeframe for the launch…
“Glue” Analogy for Stablecoins from Binance Japan General Manager
Takeshi Chino, Managing Director of Binance Japan, the Japanese subsidiary of Binance, made statements about the cryptocurrency market and Binance Japan targets. In an interview published on May 26, Takashi…
EU Commission Wants to Ease Banks’ Access to Stablecoins
In recent months, it has focused on the regulation of digital assets. European Union components, especially the ties of cryptocurrencies with traditional finance. According to the latest information leaked to…
Warning to Association Members from the President of the European Banking Authority: ‘Veto Stablecoins If Needed!’
European Banking Authority (EBA) The chief executive said that if central banks thought they could upset monetary policy, it would be a big deal, for fears that the use of…
US Bill Submitted to Relinquish Control of Stablecoins from the SEC
Republican senators in the US House of Representatives have introduced a bill that could take control of payment stablecoins from the SEC. Bill Declares Stablecoins Are Not Securities The new…
Crypto Statement from the Bank of England: Limitation Warning for Stablecoins
Bank of England (BoE) Deputy Governor Jon Cunliffe stated that stablecoins should be limited as they can undermine financial stability. BoE Vice President Cunliffe said in his April 17 speech…
US Crypto Agenda Stablecoins: Draft Bill Released
The draft version of the stablecoin bill, representing the US’s first major crypto legislation, has been released by the US House of Representatives. US House of Representatives Financial Services Committee…
White House Affiliate Committee Considers Stablecoins
Financial Services Committee of the White House, indexed stable cryptocurrencies decided to hold a meeting on 19 April on which areas it is used, the ecosystem structure and the state…
11 Million Attack on DeFi Protocol: Over 1 Quadrillion Stablecoins Minted!
Decentralized finance (DeFi) protocol Yearn Finance (YFI) was hacked for $11 million through an inactive contract. On-chain security platform PeckShield, Yearn Finance stablecoin issued by yUSD specific deficit He said…
Crypto Report from Giant Bank: ‘Banking Crisis Helped Stablecoins!
JPMorgan In its report, after the bank crashes in the USA, stablecoin reported an increase in transaction volumes. US Banking Crisis Could Offer An Opportunity For Stablecoins And Crypto Exchanges…
Lagarde: Stablecoins Have More Privacy Risks Than CBDCs
European Central Bank (ECB) President Christine Lagarde made statements about the digital currency at the panel of the International Settlements Bank BIS. Lagarde, central banks CBDC responded to the criticisms…
This Country, Which Has Become a Cryptocurrency Center Recently, Has Decided to Regulate Stablecoins!
Hong Kong Monetary Authority (HKMA), by 2024 cryptocurrency and is preparing a regulatory framework to implement regulations on stablecoins. Cryptocurrency Hub Hong Kong Brings Legislation For Stablecoins Stablecoins are digital…
Bitcoin and Co.: what remains of the hype
Riga, Dusseldorf Cryptocurrencies have experienced a real boom in recent years. Accordingly, there have been a number of books on the subject. Many of rather mediocre quality, quick shots with…
Significant Change for 1 Billion Funds from Binance: Two Stablecoins Instead of BUSD!
Binance, the world’s largest cryptocurrency exchange by trading volume, announced that it has made a significant change in the assets in the trust fund after the industry recovery fund. Binance…