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EU-regulated Firm Banking Circle Added USDC Stablecoin to List Of Payment Measure

Banking Circle, a European bank working primarily on cross-border payments, is reportedly employing a major U.S. dollar-pegged stablecoin as a payment measure for rails. Specifically, the company...

Natalie Wu | Jul 12, 2022 16:41

Tether Completed Celsius Liquidation At ‘No Losses’ to Stablecoin Issuer

The full liquidation of Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has reportedly been finalized loss-free, calming concerns related to the stablecoin issuer oversizing exposure to...

Natalie Wu | Jul 12, 2022 14:54

New York State Rolls Out Guidance Dedicated to Dollar-backed Stablecoins Issuance

The New York State Department of Financial Services (DFS) reportedly introduced instructions dedicated to U.S. dollar-backed stablecoins issued by institutions under the regulation of the DFS. ...

Shannon Wilson | Jun 10, 2022 16:43

Tether’s Reported Bank Partner Capital Union Employing Active Stance For Crypto

Capital Union – a bank from the Bahamas remoured to have a sum of reserves by the Tether (USDT) stablecoin issuer – has reportedly been adopting a proactive stance towards crypto. ...

Warren Hayes | Jun 08, 2022 11:13

UK Treasury Went Forwards With Stablecoins Legalization As Legal Tender

UK’s Department of Treasury – also known as – Her Majesty’s Treasury, reportedly went forward with its plan for stablecoin regulation as a legal tender. Specifically, although...

Shannon Wilson | May 16, 2022 10:58

Do Kwon offers a Terra regeneration plan, which includes a token redistribution scheme

Do Kwon, co-founder of Terraform Labs, has proposed a plan to save the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the ensuing death spiral that drove...

Natalie Wu | May 16, 2022 10:34

What is Ampleforth? (AMPL)

Ampleforth is software running on Ethereum that attempts to incentivize a network of users to maintain a crypto asset with a value equal to the U.S. dollar. A type of cryptocurrency known as a...

Shannon Wilson | May 01, 2022 11:37

Bipartisan bill Granting CFTC Regulatory Oversight Over Exchanges & Stablecoins

A bipartisan group of D.C-based regulators reportedly rolled out an updated bill on April 28 to subject crypto developers, dealers, exchanges, and stablecoin providers to the CFTC’s oversight. ...

Shannon Wilson | Apr 29, 2022 11:19

What is Augur (REP)?

An augur is software aiming to incentivize a global network of computers to maintain a prediction market platform on top of Ethereum (ETH). A prediction market is not unlike an exchange, except...

Shannon Wilson | Apr 11, 2022 14:19