Each GromaCoin, or GRO, represents an equity stake in the trust, which owns and operates a portfolio of multifamily residential properties, according …
issuance
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Token Metrics Currently, the stablecoin market remains stagnant, with a reported price of $0 for major stablecoins. This lack of trading volume …
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The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay. www.coindesk.com
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Regulation
California Senate passes bill to ban memecoin issuance by public officials
by shayaanby shayaanCalifornia lawmakers passed a bill restricting public officials’ involvement with memecoins, citing concerns around conflicts of interest and “pay-to-play arrangements.” The California …
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Markets
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
by shayaanby shayaanShinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AI-powered payment models. www.coindesk.com
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Regulation
CRIPCO Tied to MINI Token Issuance via ESMA Registry, Contradicting GLLUE’s Claims
by shayaanby shayaanBlockchain project CRIPCO, currently facing rug-pull allegations, has been identified as the initial issuer and developer of Mini Coin (MINI), according to …
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Regulation
US Treasury proposes rules for stablecoin issuance and sales under GENIUS Act
by shayaanby shayaanThe US Treasury Department proposed new rules Monday detailing how stablecoin issuers and digital asset service providers would comply with key provisions …
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Markets
New Ethereum proposal would cut issuance to zero if staked ETH reaches $112 billion
by shayaanby shayaanThe EIP-8361 draft proposal calls for burning a rising share of validator rewards as the staking ratio climbs. www.coindesk.com
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DeFi
Developers Halt New Token Issuance for an Altcoin: Price Rises in Response
by shayaanby shayaanSonic Labs’ native token, S, gained 17.7% after the company decided not to implement its annual token inflation plan this year. Sonic …
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Regulation
Bank of England eases stablecoin rules, introduces 40-billion-pound issuance cap
by shayaanby shayaanThe Bank of England (BoE) published a policy statement and draft rules for systemic stablecoins on Monday, outlining how regulated pound-backed stablecoins …