Stablecoins and the role of Congress in addressing future digital assets legislation took center stage during one of the Senate Banking Committee’s …
Stablecoins
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Regulation
Circle CEO says US dollar-pegged stablecoins should be registered in the US
by shayaanby shayaanCircle co-founder Jeremy Allaire has called for US dollar-pegged stablecoin issuers to be registered in the United States, emphasizing the need for …
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Circle’s stablecoin’s USDC and EURC got approval for use and promotion within the Dubai International Financial Centre, the company said in a …
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Bermuda – OpenEden is setting a new standard for stablecoins with the launch of OpenDollar (USDO), the world’s first regulated, yield-bearing digital …
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Markets
Stablecoins Could Reverse De-Dollarization Trend, According to Washington Think Tank
by shayaanby shayaanStablecoins could serve as a boon for US dollar adoption, according to the Atlantic Council, a nonpartisan think tank. Barbara C. Matthews …
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Regulation
Fed Governor Calls for Regulatory Framework Allowing Banks and Institutions To Issue Stablecoins
by shayaanby shayaanA member of The Board of Governors of the U.S. Federal Reserve is calling for laws that would allow banks and institutions …
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Regulation
U.S. government prioritizes creating a framework for stablecoins, not Strategic Bitcoin reserve. Why?
by shayaanby shayaanThe hopes for a lightning-speed establishment of the Strategic Bitcoin reserve were high. However, it is the stablecoins regulation that becomes a …
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Analysis
Crypto Stablecoins Shatter $30,000,000,000,000 in Volume During 2024, Says Coinbase CEO Brian Armstrong
by shayaanby shayaanCoinbase CEO Brian Armstrong says the digital asset exchange is moving as fast as possible to support one crypto use case often …
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Finance
Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins
by shayaanby shayaanPlasma, a crypto startup building a Bitcoin-based blockchain designed specifically for stablecoins, raised $20 million to further its development, the company said …
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The latest regulatory discussions in the United States regarding digital assets have gained traction, with Ripple CEO Brad Garlinghouse acknowledging the significance …