Gary Gensler – chairman of the Securities and Exchange Commission (SEC) – recently revealed the US government’s completed stablecoin report. It outlines risks associated with such tokens and provides “prudential” recommendations to congress on how
Read More
With the growing influence of stablecoins on the financial system, regulators around the world are rushing to regulate the industry. The stablecoins realm is a step closer to achieving regulatory clarity as the US Securities
Read More
During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there is $ 135.4 billion in stable coins, but
Read More
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5
Read More
Circle is under investigation by the SEC, as the firm reveals it was issued a subpoena by the regulatory body in July 2021. The United States Securities and Exchange Commission has subpoenaed Circle, the issuer
Read More
French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal titled “Security Token Refinancing” was posted on October 1 on the Makerdao forums
Read More
Gold-backed stablecoin set to launch on Cardano Decentralized finance liquidity protocol Meld has announced its plan to issue a stablecoin backed by physical gold on the Cardano blockchain during a cryptocurrency-focused summit held by British
Read More
As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second largest stablecoin by market valuation, the USDC, saw its capitalization increase significantly, increasing
Read More
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. Along with this exponential enhance, the decentralized stablecoin DAI’s market capitalization has additionally
Read More
The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days in the past on June
Read More
