US Draft Bill Proposes Framework for Stablecoins
A new draft bill published in the United States aims to provide a regulatory framework for stablecoins. The bill proposes that the Federal Reserve oversee non-bank stablecoin issuers such as…
A new draft bill published in the United States aims to provide a regulatory framework for stablecoins. The bill proposes that the Federal Reserve oversee non-bank stablecoin issuers such as…
In recent years, the cryptocurrency industry has seen significant growth, with new exchanges, wallets, and other services popping up almost daily. However, the industry has also faced numerous challenges, including…
FTX, a cryptocurrency exchange, has reportedly moved around $145 million in stablecoins across various platforms, according to Lookonchain. Three wallets associated with FTX and its subsidiary, Alameda Research, transferred 69.64…
A global financial regulator known as the Financial Stability Board (FSB) has the backing of the Bank for Worldwide Settlements (BIS). The FSB is now advocating for worldwide standards for…
According to a story published on February 10 by The Wall Street Journal, stablecoin issuer Tether Holdings has contracted the services of a prominent Wall Street business in order to…
The completion of the reserves attestation for the cryptocurrency Tether has been accomplished with flying colors by the prestigious international accounting firm BDO. The attestation that Tether is the world's…
According to data obtained by The Wall Street Journal in connection with investigations being carried out by authorities in the United States, as of the year 2018, only four people…
The company that is responsible for the most valuable stable coin in terms of market capitalization, Tether (USDT), alleges that they have never received a loan from the defunct cryptocurrency…
Circle, the company that is responsible for issuing USD Coin (USDC), has made public a report that has been validated by an accountant on the treasury reserve assets that support…
Tether is hoping that by collaborating with INHOPE, it will be possible to increase the visibility of bitcoin payments used in content marketplaces that promote child abuse and make it…