Bitcoin News / Bitcoin.com - 2 years ago
The regulatory environment in the U.S. doesn’t look good for crypto but the United States has the potential to lead again, according to Binance CEO Changpeng Zhao (CZ). The founder of the world’s largest digital asset exchange is convinced stablecoin...
Cryptocoins News / The Cointelegraph - 2 years ago
Mitsubishi UFJ Financial Group hasn’t revealed what firms will be the first to utilize its platform; however, a handful of banks have reportedly opted for a separate stablecoin solution....
by COINS NEWS - 2 years ago
Japanese bank MUFG to launch bank-backed stablecoins on Ethereum, Avalanche, Cosmos, and Polygon. (Japanese legislation has been enacted granting Japanese trust banks the authority to issue stablecoins.) submitted by /u/Shiratori-...
Cryptocoins News / The Cointelegraph - 2 years ago
Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines. Boosting...
Bitcoin News / Bitcoin.com - 2 years ago
Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged co...
Cryptocoins News / The Cointelegraph - 2 years ago
Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long? Yuan stablecoin team report...
Bitcoin News / Google News Bitcoin - 2 years ago
Yuan stablecoin team arrested, WeChat's new Bitcoin prices, HK crypto rules: Asia Express& & Cointelegraph
Cryptocoins News / CoinJournal - 2 years ago
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said.
All reserves will be held in segregated accounts at regulated financial institutions.
The FDUSD stablecoin will launch on...
Cryptocoins News / The Cointelegraph - 2 years ago
The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation. First Digital Group, a Hong Kong-ba...
Cryptocoins News / CoinJournal - 2 years ago
The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves.
Maker’s treasury holds roughly half of the USDP’s $1 billion supply.
New York state regulators in February forced Paxos to halt...
Cryptocoins News / Blockchain - 2 years ago
Asia's leading trust company and qualified custodian, First Digital, is making waves in the global financial ecosystem with the announcement of its new stablecoin, First Digital USD (FDUSD) (Read More)
Cryptocoins News / Blockchain - 2 years ago
Tether, the leading blockchain-enabled platform behind the widely used stablecoin, USD₮, has achieved a significant milestone by surpassing its previous all-time high market cap of $83.2 billion, which was set in May 2022. (Read More)
Cryptocoins News / Finance Magnates - 2 years ago
The team behind CNHC Group, the issuer of CNHC, a stablecoin pegged to
the offshore yuan, and HKDC, one tied to the Hong Kong dollar, was arrested in
Shanghai, according to a local news outlet, PANews. CNHC Group has been renamed to Trust Reserve.The...
Bitcoin News / Bitcoin.com - 2 years ago
Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New York Department of Financial Services (NYDFS). Since February 13, 2023, 10.62 billion BUSD tokens have b...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
Law enforcement in China arrested the Trust Reserve team behind a Yuan-backed stablecoin and another token backed by the Hong Kong Dollar. Authorities wrote a “judicial seizure” notice at the teams’ office in Shanghai, PANews repor...
Cryptocoins News / The Cointelegraph - 2 years ago
KuCoin Ventures and Circle Ventures are among the investors in the Chinese offshore yuan-pegged stablecoin, which is reportedly under investigation in China. The Chine...
Bitcoin News / Bitcoin.com - 2 years ago
After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining operati...
Bitcoin News / Bitcoin Magazine - 2 years ago
Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether’s collaboration with a local licensed company mar...
More / Etherum Reddit - 2 years ago
PEEPanEIP #109: ERC-6059: Parent-Governed Nestable NFT with Steven Pineda Cortés & Jan Turk from RMRK and Pooja Ranjan from Ethereum Cat Herders https://youtu.be/2C7mKNK5f9s ERC6059 talk includes Use cases - Bundling, Collecting, Soulbound, Mem...