Law Decoded: Sketching the boundaries of regulatory mandates, Oct. 25 – Nov. 1
U.S. financial regulators are close to working out the limits of their authority over at least one class of digital assets. Go to Source Powered by WPeMatico
Stablecoin
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3 reasons why Curve (CRV) price is trending toward a new 1-year high
This week CRV price rallied toward a new 1-year high, but what’s behind the move? Go to Source Powered by WPeMatico
Secret, Curve and Shiba Inu gains suggest that altseason is coming
SCRT and SHIB surge to new highs, while CRV’s rally breaks a nearly year-long sideways trend. Go to Source Powered by WPeMatico
Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25
The Bitcoin ETF approval has been the biggest, but by no means the only, policy-related story of the last week. Go to Source Powered by WPeMatico
How to use stablecoins to earn a higher APY
Platforms are offering investors several opportunities to earn from stablecoins, some of which extend far beyond cryptocurrency lending. Go to Source Powered by WPeMatico
5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap
During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in stablecoins but the top five collectively represent 94.40% of that total. While the largest stablecoin in terms of market cap increased by 2% over the … Read more
Following Bitcoin’s all-time high, DeFi TVL hits a record high above $233B
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high. Go to Source Powered by WPeMatico
Powerful blockchain lobby group urges Washington not to overregulate stablecoins
The stablecoin market is valued at over $130 billion and growing rapidly, putting federal regulators on high alert over systemic risk. Go to Source Powered by WPeMatico
CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether of “making untrue or misleading statements and omissions of material fact in connection with the … Read more
Tether fires back against report it is using reserves for investments and making crypto-backed loans
“If those loans fail, even a small percentage of them, one Tether would become worth less than $1,” said Bloomberg reporter Zeke Faux. Go to Source Powered by WPeMatico
