Tag: Stablecoins
Central Banks of G20 Countries Are Skeptical About Stablecoins!
Financial Stability Board (FSB) According to a report released today by stablecoin of the world’s 20 largest economies (G20) It does not meet the standards set by central banks for…
Stablecoins continue to attract the attention of the traditional finance industry!
Sets global payment standards financial institutions wants to reduce the cost of sending money abroad. Today, an intergovernmental group, stablecoins He said they would look into whether he could help…
US Department of Commerce Investigate Stablecoins!
affiliated with the US Department of Commerce National Institute of Standards and Technology (NIST)peoples stablecoin He published a report officially defining stablecoins so that he can better understand how the…
US Almost Completes Stablecoin Legislation: Algorithmic Stablecoins Are Banned
US legislators think stablecoin legislation could be approved next week. If the legislation is approved, algorithmic stablecoins will be banned for 2 years. According to the draft legislation in Bloomberg’s…
Hot Development: Are Algorithmic Stablecoins Banned in the US?
According to the news of Bloomberg, the first details came from the stablecoin (stable coin / stable coin) draft that the US House of Representatives has been working on for…
Russian Ministry of Finance Seeks Stablecoins Against The Dollar
Russia’s Ministry of Finance is investigating stablecoins to avoid paying in dollars or euros for international payments. According to the local news source TASS, Russian Deputy Finance Minister Aleksey Moiseyev…
Binance: Our Support Is Diminishing On These Stablecoins
Binance; USDC shared an announcement announcing that it will automatically convert Pax Dollar (USDP) and TrueUSD (TUSD) to Binance USD (BUSD). The exchange claimed that with this transformation, it will…
Binance Delists These Stablecoins!
world’s largest cryptocurrency holding the title of the stock exchange Binancemade an important statement for its users. Binance announced a new stablecoin for users this evening. Leading cryptocurrency exchange TUSD,…
FED Sets Date for FedNow System: Will It Compete With Stablecoins?
FED from the vice presidents Lael Brainardinstant digital payment service expected to be implemented in the USA FedNow announced a timeline for According to Brainard’s statements, FedNow will be launched…
IMF Director Warns Investors About Cryptocurrencies And Stablecoins!
cryptocurrenciesInvestor interest is increasing day by day. This paves the way for more crypto projects to be launched. on the market cryptocurrency drawing attention to the multiplicity of the project…
Famous Portfolio Management Company DAIM: Billions of Dollars in Stablecoins Waiting for Stormy Weather to Pass
Renowned crypto portfolio management firm DAIM (Digital Asset Investment Management) says there are billions of dollars in stablecoins waiting for the stormy weather to pass. In a blog post published…
Argentine Economy Minister Resigns: The Purchase of Stablecoins in the Country Has Increased 3 Times
Struggling with the economic crisis, Argentina’s economy minister Martin Guzmán resigned last Saturday. According to data from local cryptocurrency analytics platform Crpyoya, Argentine people purchased two to three times more…
UK Plans To Introduce New Regulation Against Stablecoins
The UK Ministry of Finance has announced that it plans to regulate existing rules in case a major stablecoin like TerraUSD crashes again. According to the statement made by the…
Stablecoins Banned In China After The Terra Crash?
Chinese government to cryptocurrencies and stablecoins after Terra (LUNA) and TerraUSD (UST) collapse signals that it can introduce stricter regulations. to the Chinese government owned media company Economic Daily, 31…
How Stablecoins Responded to TerraUSD (UST) Crash
Crypto analytics and insights firm Santiment has released three metrics TerraUSD (UST) revealed how other stablecoins reacted during and after its collapse. “Stablecoins have been the hot topic in the…
Binance boss Changpeng Zhao: billions in losses without regrets
Hamburg The “Binance Angels” are waiting for CZ in a VIP lounge in Hamburg’s Elbphilharmonie. Nobody uses the full name of Changpeng Zhao, the founder and CEO of the world’s…
Goldman Sachs Answers: How Do Algorithmic Stablecoins Like TerraUSD Succeed?
According to the team of analysts at banking giant Goldman Sachs, algorithmic stablecoins can only achieve long-term success if they become widely used in payment transactions. Algorithmic stablecoins have been…
US Minister Calls for Regulation on Stablecoins!
US Secretary of the Treasury Janet Yellenhas called for a law to be passed that will regulate stablecoins in order to stabilize financial stability and eliminate risks. Speaking to the…
Could the Collapse of UST Affect Other Stablecoins?
TerraUSD (UST) Despite losing its pegged value against the dollar in the past few days, crypto executives said that the fate of all stablecoins is not the same. However, the…
Famous Billionaire Warns Against Algorithmic Stablecoins!
algorithmic stablecoinDespite receiving harsh criticism from many different quarters, the ‘s continued to gain popularity rapidly. The sharp depreciation of the TerraUSD (UST) price since the beginning of this week…