The European Commission is moving to provide more legal clarity and certainty for the cryptocurrency industry in its member states. On Sept. 24, the EC…
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Tag: stablecoin
Facebook-backed Libra welcomes Blockchain Capital as new member
The Facebook-initiated Libra blockchain project continues to grow as its governing body has added a new major industry partner. Blockchain Capital, one of the largest…
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Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
New data from CryptoQuant, an on-chain analytics firm, shows $113 million worth of Binance USD (BUSD) has flowed into Binance exchange over the past week.…
View More Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
Privacy laws might prove to be a blessing in disguise for crypto
Anti-establishment and counter-government sentiments fuelled the early days of crypto. More than a decade later, crypto is slowly moving away from its wild-west early days…
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Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’
The governor of the Bank of France has warned that Europe cannot afford to lose momentum in tackling the challenges posed by private sector global…
View More Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’
USDC now capable of 1000 transactions per second with near-zero fees
As part of an initiative bringing stablecoin USD Coin (USDC) to other blockchains, USDC is now available on the public Algorand blockchain. This is in…
View More USDC now capable of 1000 transactions per second with near-zero fees
Bank of England governor dismissed Bitcoin as a means of payment
During a virtual conference hosted by the Brookings Institute, Andrew Bailey, Bank of England’s (BoE) governor, stressed that crypto assets are just “unsuited to the…
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Swiss crypto bank Sygnum scores approval for digital asset trading
Sygnum, a major cryptocurrency bank in Switzerland, is preparing to finally introduce digital asset trading after receiving regulatory approval. On Sept. 1, Sygnum announced that…
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Tether surpasses XRP by market cap again
Tether (UDST), the world’s largest stablecoin by market capitalization, is again outperforming major altcoin XRP. On Sept. 1, Tether surpassed XRP as the third-largest cryptocurrency…
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On quantitative easing, crypto and modern monetary theory
With the COVID-19 crisis showing no signs of abating in the United States, central banks around the world have deployed financial airbags in the form…
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