Ethereum’s native token ether (ETH), is gaining ground against bitcoin (BTC), as the impending GENUIS Act is likely to ban yield-bearing stablecoins …
Stablecoins
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Markets
Stablecoins May Reshape U.S. Treasury Market at $750B Threshold, Standard Chartered Says
by shayaanby shayaanThe stablecoin market could start reshaping traditional finance if it grows to about $750 billion, according to Geoff Kendrick, Standard Chartered’s head …
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Finance
BOE Governor Bailey openly disagrees with Trump admin’s backing of stablecoins
by shayaanby shayaanAndrew Bailey, the Governor of the Bank of England, has issued a warning to the world’s largest banks against issuing their own …
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Hong Kong’s Financial Secretary, Paul Chan Mo-po, was on a three-day visit to Seoul, South Korea, where he worked on promoting the …
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Finance
Bank of Korea expresses concern about the issuance of WON-denominated stablecoins
by shayaanby shayaanThe Bank of Korea (BOK) Governor Lee Chang-yong has expressed concern about the issuance of won-denominated stablecoins by non-bank entities. He shared …
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The world of cryptocurrency is constantly evolving, and a recent development from South Korea’s leading crypto exchange, Upbit, is sending ripples across …
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In brief Agora raised $50 million from Paradigm and Dragonfly to expand AUSD, its programmable stablecoin. AUSD now runs on 13 blockchains. …
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Regulation
More than 40 companies are in fierce competition to issue stablecoins in Hong Kong: report
by shayaanby shayaanThe race for stablecoin licenses in Hong Kong is heating up, with dozens of firms preparing to apply ahead of the new …
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The Central Bank of Bahrain (CBB), having issued a consultation paper on stablecoins back in October 2024, has now issued the full …
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