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Tag: stablecoin

Cryptocurrency

US Fed: CBDC a ‘very high priority’ to combat bad private sector money

cryptokids January 15, 2021 No Comments CBDCChinadigital dollarDollarfederal reservestablecoinYuan

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
Cryptocurrency

An online future for finance is inevitable, says OCC’s Brooks

cryptokids January 13, 2021 No Comments bankingbanksstablecoinStripeUS Government

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
Cryptocurrency

Following Brexit, the UK asks crypto industry about rules for cross-border stablecoins

cryptokids January 8, 2021 No Comments GovernmentLawstablecoinUK GovernmentUnited Kingdom

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
Blockchain 101

CeFi and DeFi will finally meet in 2021 — Let’s hope they hit it off

cryptokids January 3, 2021 No Comments CryptocurrenciesDecentralizationDeFiFinancial Servicesstablecoin

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
Cryptocurrency

New York authorizes first Yen stablecoin operator in the US

cryptokids December 29, 2020 No Comments JapanNew YorkNYDFSstablecoinYen

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
Blockchain 101

DeFi data manipulation is too easy — and current oracle solutions aren’t helping much

cryptokids December 24, 2020 No Comments DeFiHacksSecuritystablecoinVolatility

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
Cryptocurrency

US federal regulators set new expectations for stablecoin issuers

cryptokids December 23, 2020 No Comments AMLCFTCSECstablecoinUS Government

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
Cryptocurrency

Russia’s State Duma expects explosion of crypto issuance in 2021

cryptokids December 23, 2020 No Comments CryptocurrenciesGovernmentRussiastablecoin

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
Ethereum

Terra Protocol (LUNA) rallies 66% after DeFi and stablecoin launch

cryptokids December 20, 2020 No Comments CryptocurrenciesDAIDeFiMakerMarket analysisstablecoin

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
Ethereum

‘BAM!’ Tether celebrates as USDT market cap passes $20 billion

cryptokids December 18, 2020 No Comments stablecointether

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

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