In short Japan’s MUFG Bank, Mizuho Bank and SMBC have established a council to develop operational frameworks for stablecoin issuance. The banks …
Stablecoin
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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been …
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Regulation
Government Stablecoin Payments Would Fuel ‘Tax Evasion Economy,’ Lawmaker Warns
by shayaanby shayaanIn brief Rep. Brad Sherman said allowing government payments in stablecoins would “sanctify an alternative to the U.S. dollar” built to “facilitate …
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The Clearing House, the private payments infrastructure company owned by America’s largest financial institutions, is set to operate a shared blockchain network …
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Bybit has added support for Western Union’s USDPT stablecoin, becoming the first major cryptocurrency exchange to list the dollar-pegged token for trading, …
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Regulation
Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending
by shayaanby shayaanU.S. banking lobbyists unveiled a survey to back up their campaign against U.S. stablecoins that return yield to their users, seeking to …
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Regulation
Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending
by shayaanby shayaanU.S. banking lobbyists unveiled a survey to back up their campaign against U.S. stablecoins that return yield to their users, seeking to …
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DeFi
Deel Launches Stablecoin Wallet On Morpho, Enabling DeFi Lending And Borrowing For Global Users
by shayaanby shayaanIn a groundbreaking move to enable users to access more DeFi applications and earn rewards, Deel, an emerging stablecoin wallet, today entered …
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Adoption
Bybit Incorporates $USDPT Stablecoin Of Western Union To Drive Global Crypto Adoption
by shayaanby shayaanBybit, the 2nd-biggest crypto exchange based on trading volume, has integrated the $USDPT stablecoin of Western Union. This denotes a landmark in …
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Regulation
NYDFS and EBA Sign Agreement to Collaborate on Stablecoin Regulation
by shayaanby shayaanThe New York State Department of Financial Services (NYDFS) and the European Banking Authority (EBA) have formally agreed to cooperate on the …