Cryptocurrency stablecoins could become systemically important overnight, says United States Federal Reserve Chairman Jerome Powell, and that’s why the Fed is determined to get its…
View More US Fed: CBDC a ‘very high priority’ to combat bad private sector money
The departing leader of the Office of the Comptroller of the Currency is convinced that the future of finance is blockchain-native, per a conversation with…
View More An online future for finance is inevitable, says OCC’s Brooks
Her Majesty’s Treasury requests and requires the crypto industry’s input on prospective regulation. In a Jan. 7 announcement of open consultation, the United Kingdom’s finance policy…
View More Following Brexit, the UK asks crypto industry about rules for cross-border stablecoins
The decentralized finance industry undoubtedly has vast potential — the value locked in it has exploded, surpassing $14 billion this month. Though there is speculation…
View More CeFi and DeFi will finally meet in 2021 — Let’s hope they hit it off
New York has given the first authorization to a stablecoin backed by the Japanese Yen to operate in the U.S. Per a Dec. 29 announcement,…
View More New York authorizes first Yen stablecoin operator in the US
It seems like every week we hear news of another DeFi project being hacked or exploited. The latest crop of victims includes such projects as…
View More DeFi data manipulation is too easy — and current oracle solutions aren’t helping much
A group of leading U.S. financial regulators has released a new statement on stablecoins. One of the headlining topics of crypto regulation news this year,…
View More US federal regulators set new expectations for stablecoin issuers
The Russian government is anticipating more cryptocurrencies to be issued in the local market in 2021, according to a senior official. Anatoly Aksakov, a member…
View More Russia’s State Duma expects explosion of crypto issuance in 2021
Throughout 2020 a handful of new stablecoins launched and many analysts have suggested that stablecoin growth is the backbone of the crypto sector and partially…
View More Terra Protocol (LUNA) rallies 66% after DeFi and stablecoin launch
Tether (USDT), the largest cryptocurrency stablecoin, has passed a $20 billion market cap for the first time. According to data confirmed by the company on…
View More ‘BAM!’ Tether celebrates as USDT market cap passes $20 billion