JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and …
Stablecoin
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Trezor stablecoin yield is now live inside Trezor Suite, marking a notable shift for hardware wallet users who want access to DeFi-style …
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Finance
Mastercard secures New York BitLicense to support stablecoin and digital payment infrastructure
by shayaanby shayaanMastercard has received a BitLicense from the New York State Department of Financial Services (NYDFS), giving the payments giant approval to operate …
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DeFi
Crypto exchange HTX rejects U.K. sanction allegations, says it refused ruble stablecoin listing
by shayaanby shayaanCrypto exchange $HTX rejected U.K. claims it helped Russia’s “illicit financial infrastructure” used for moving funds and sustaining the country’s war in …
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Markets
Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users
by shayaanby shayaanAn individual familiar with the matter told CoinDesk the stablecoin feature was rolled out to 25% of users already and by the …
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The fintech platform says its dollar-backed stablecoin will let members trade, transfer and eventually earn yield through its banking app. www.coindesk.com
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Markets
Digital Asset Giant Tether To Launch ‘Official Stablecoin of Georgia’ in Partnership With Government
by shayaanby shayaanTether has announced plans to launch GEL?, a stablecoin pegged to the Georgian Lari, in partnership with the Government of Georgia. The …
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Markets
UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks
by shayaanby shayaanBritain applied banking-style sanctions to crypto exchanges for the first time, requiring U.K. financial firms to freeze funds and trace transactions. www.coindesk.com
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Smart Contracts
With Central Bank’s Blessing, Georgia Taps Tether for ‘Official’ Stablecoin
by shayaanby shayaanIn short Tether is working with the government and the Central Bank of Georgia to launch GELT, an official stablecoin pegged to …
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The European Central Bank (ECB) has pushed back against proposals to loosen rules for euro-denominated stablecoins. It is intensifying a growing debate …