Search Results for: Stablecoin issuer

IMF nõuab "rohkemat" krüptoregulatsiooni - ütleb, et keelustamine peaks olema valik

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. IMF’s Chief Calls for More Crypto Regulation…

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

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Reedel, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the…

Peaaegu 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Päevad

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Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Praegu, Binance is the most active exchange trading BUSD tokens, and the stablecoin still…

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

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While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins…

Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready

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A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDC-d) as the future of central bank money, presenting them as one of the solutions for limitations in the payments sector…

USDT raputav hind segab Alameda reservidega seotud spekulatsioone, Tether külmub 46 Miljon žetoone

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Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 ühiku kohta. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoin pool has become unbalanced Thursday morning. Lisaks,…

Stablecoin GUSD pakkumine hüppab lähedale 130% Kõrgemal sisse 30 Päevad

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While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the project’s number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% viimase ajal 30 päevadel. GUSD Sees…

Indian Central Bank RBI Begins First Digital Rupee Pilot Today

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India’s central bank, the Reserve Bank of India (RBI), is launching its first digital rupee pilot on Nov. 1. with the participation of nine banks. “Settlement in central bank money would reduce transaction costs by pre-empting the need for settlement guarantee…

Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules

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Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore Prepares…