Cartier operated an unlicensed cryptocurrency money-transmitting business through companies presented to banks as legitimate technology enterprises. Prosecutors stated that his operation processed …
Stablecoin
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DeFi
Ledger crypto loans bring stablecoin borrowing to its wallet, with liquidation risk
by shayaanby shayaanThe interface supports desktop and mobile, removing the need to use a separate DeFi dashboard for borrowing and managing positions. Users select …
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HSBC began rolling out RedCoin, its first Hong Kong dollar stablecoin, to more than 3.3 million PayMe users on 23 October, opening …
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Markets
TRON Settles $2.2T in Q3, Captures 73% of All Stablecoin Volume as First TRX ETF Launches: CoinDesk and Nansen
by shayaanby shayaanReason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
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Scams
SoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Stablecoin
by shayaanby shayaanIn brief SoFi launched SoFi Earn (SOFIE), which it calls the first national bank-issued tokenized deposit for consumers. The product targets idle …
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Canadians are increasingly using stablecoins for cross-border transactions, ranking first in a recent Chainalysis report. The data reveals that stablecoin and bitcoin …
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By the Numbers Currently, there are no reported trading volumes or price movements for Maple, as it focuses on insights rather than …
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Regulation
GENIUS Act Stablecoin Rule Comment Window Closes With 91 Days to the Effective Date
by shayaanby shayaanThe central definition is borrowed from the statute. A payment stablecoin is “a digital asset (i) that is, or is designed to …
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The finance committee had earlier rejected the budget’s first part, following its examination from Oct. 7 through Oct. 9. The subsequent Oct. …
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Markets
Mastercard Introduces Fraud Screening Before Stablecoin Payments Go On-Chain
by shayaanby shayaanReason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …