3 reasons why Maker (MKR) fundamentals hint at further price upside
MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price. Go to Source Powered by WPeMatico
Stablecoin
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US FSC Chairman eyes regulatory clarity for crypto, stablecoin ecosystems
The upcoming FCA meeting is aimed at providing regulatory clarity for the digital asset ecosystem — cryptocurrencies, blockchain development and stablecoin payments. Go to Source Powered by WPeMatico
US law protects institutions and exposes retail investors — Rep. Torres
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling. Go to Source Powered by WPeMatico
SEC vs. Ripple: Huge win for crypto
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Ripple’s latest win against the SEC and what it means for the crypto market. Go to Source Powered by WPeMatico
South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners
The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real time in its second stablecoin pilot project. Go to Source Powered by WPeMatico
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said. Go to Source Powered by WPeMatico
FSB finalizes its recommendations for a global crypto framework
The Financial Stability Board states that crypto platforms must segregate the client’s digital assets from their own funds and clearly separate their multiple functions to avoid conflict of interest. Go to Source Powered by WPeMatico
European Banking Authority calls for early adoption of stablecoin standards
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented. Go to Source Powered by WPeMatico
China could benefit from yuan stablecoin over its CBDC – Circle CEO
China may have banned the use of cryptocurrencies but stablecoins might have a role to play in the proliferation of its national currency. Go to Source Powered by WPeMatico
BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money. Go to Source Powered by WPeMatico