The Federal Reserve Chairman, Jerome Powell, stated in an appearance before the House Financial Services Committee that he sees cryptocurrencies as assets with staying power. “Crypto...
Stablecoins have gained significant attention in the world of cryptocurrencies due to their ability to provide stability amidst the volatility of digital assets. However, behind the...
The cryptocurrency market has witnessed a great deal of volatility since its inception. The value of Bitcoin, the world’s first cryptocurrency, has experienced tremendous fluctuations, with...
Were stablecoins designed to provide users with greater liquidity around the world and reduce the volatility of cryptocurrencies, or to enable criminals to steal users’ funds?...
The CEO of Circle, Jeremy Allaire, has called for SEC to stay away from regulation of stablecoins claiming it’s best done by bank-based regulators and not...
In the wake of the recent actions by the SEC against Paxos, the issuer of BUSD, CZ, CEO of Binance revealed during an AMA that the...
The Islamic Republic of Iran and Russia are partnering to release a gold-backed stablecoin. According to the course, the two countries want to have a stablecoin...
In the global adoption index of blockchain especially as it relates to cryptocurrencies, Nigerians have shown a strong affinity. The Central Bank of Nigeria (CBN), in...
Stablecoins are cryptocurrencies with prices pegged to an asset such as fiat, commodities or another cryptocurrency. Cryptocurrencies prices are known to be very volatile; Bitcoin for...
Cryptocurrency markets are known for their high levels of volatility, with prices fluctuating significantly over short periods of time. This volatility can be intimidating for some...
The UK’s advertising regulatory body, the Advertising Standards Authority (ADA), has banned Facebook promotion by Crypto.com and Turtle United targeted at selling NFTs. According to the...
Jewel, a digital bank in Bermuda, is set to launch its first stablecoins. Reports show that the stablecoin, Jewel USD, will be pegged to the US...
The UK Parliament is set to begin consultations on the development of the first national CBDC (digital pounds). In a statement made by Jeremy Hunt, the...
The Central Bank of Korea has released a proposal on the issuance of stablecoins in the country. The report revealed that issuers of stablecoins in South...
The operating company of the Tether USD, Tether Operations Limited (Tether), on Tuesday announced it had launched its offshore Chinese Yuan (CNH₮) on the Tron Blockchain....
Speaking at a Twitter AMA, the CEO of Binance, CZ, told listeners that the reason Binance has a good deposit of stablecoins is that it helps...
At Breakpoint 2022, Marcus Boorstin, the Director of Engineering at Circle, revealed that Circle, a peer-to-peer payments technology company, is focused on unlocking and opening real-world...
Lawmakers in the United Kingdom agreed to have cryptocurrency as a regulated financial instrument. On Thursday, the Lawmakers in agreement, said it would issue new rules...
FTX is looking at rolling out a stablecoin and could acquire Robinhood, a retail trading app, CEO Sam Bankman Fried, disclosed in an interview with The...
