Can the 2020 Stablecoins Finally Bring Competition to Tether?

TheMerkle Ethereum Tether USDT EURTIn the cryptocurrency world, there is no shortage of stablecoin action. Despite numerous competitors launching, Tether continues to dominate this landscape with ease. Despite the uphill battle, several new products will come to market throughout 2020.  More Stablecoins Attempt to Dethrone Tether The question is whether they can be more successful than those stablecoins launching in 2019. With the likes of USD Coin taking another stab, Binance’s own BUSD, and Saga’s SGD, the opportunities are virtually limitless.  Particularly Binance’s own offering should yield some powerful competition to Tehter’s USDT. After all, Binance remains the biggest cryptocurrency  trading platform in the

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Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy

Regulatory Roundup: Crypto 'Inevitable’ in India, China Rankings, NY Streamlines PolicyIn this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space. Also read: Regulatory Roundup […]

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Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’

Lagarde Sees Demand for Stablecoins, Plans to Put ECB 'Ahead of the Curve'At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring to stablecoins. Also read: Regulatory Roundup – […]

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Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency

Regulatory Roundup: Bitcoin Futures Fund Approved, India's RBI-Backed Digital CurrencyIn this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto taxation plan, and the European Commission’s announcement regarding stablecoins. […]

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