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UK government advances with its framework to legalize stablecoins as payment methods

The UK’s Ministry of Economic and Finance has stated that it plans to change its current legislative framework to include stablecoins as a payment method. Following a consultation with numerous...

| Apr 05, 2022 10:49

BoJ Official Urged For Common Crypto Regulations Put In Place by G7 Nations

A senior official from the Bank of Japan (BOJ) has reportedly issued a warning to countries in the G7 that a common framework for crypto regulations has to be established in the quickest time. ...

| Apr 01, 2022 14:11

What Is Stellar?

The term Stellar cryptocurrency refers to a digital or virtual currency developed by Stellar Development Foundation. The organization’s currency, which is called the lumen, is traded under the...

| Mar 24, 2022 14:17

What Is LUNA?

LUNA is Terra’s native governance token that serves as the backing for its UST stablecoin. UST is not backed by a fixed amount of fiat dollars like other stablecoins such as USDC or USDT....

| Mar 06, 2022 14:26

Wyoming Legislators to Roll Out Bill For State-issued Stablecoin

Four members of the Wyoming Legislature have reportedly thrown their weights behind legislation enabling the state treasurer to come up with a new stablecoin. Specifically, Wyoming state Senators...

| Feb 19, 2022 10:26

Crypto Exchange FTX Floats $1M Reward For Banks Accepting Stablecoins

Crypto derivatives exchange FTX is reportedly urging banks to reach out and talk about the potential acceptance of stable coins, to receive a $1 million reward. Specifically, FTX reportedly took to...

| Dec 28, 2021 11:12

Myanmar Shadow Government Officially Accepts Stablecoin USDT As Official Currency

Myanmar’s shadow government, the National Unity Government (NUG), led by the leader Aung San Suu Kyi behind bars at the moment, has reportedly recognized Tether (USDT) as an official currency for...

| Dec 14, 2021 11:33

Inflation Benchmark Frax Price Index Rolled Out On Partisia Blockchain

Frax Finance, an entity developing algorithmic stablecoins, reportedly disclosed the release of the Frax Price Index (FPI) on the Partisia blockchain. Specifically, the stablecoins would be...

| Dec 10, 2021 11:15

Hong Kong-headquartered Chiron Partners Introduced $50M Terra Fund

Hong Kong venture capital entity Chiron Partners has recently introduced a new ecosystem fund, catering primarily to Terra (LUNA), offering extra opportunities for innovation to the layer-one DeFi...

| Dec 09, 2021 13:44

What Is Olympus (OHM)?

OHM is a decentralized backed digital currency controlled by its token holders and governed as a decentralized autonomous organization (DAO). Its goal is to build a policy-controlled...

| Dec 02, 2021 10:58