Altcoin roundup: There’s more to DeFi than just providing liquidity
Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi. Go to Source Powered by WPeMatico
Stablecoin
Auto Added by WPeMatico
Crypto adoption is a ‘huge challenge,’ says Chinese central bank exec
PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins. Go to Source Powered by WPeMatico
SEC was the only regulator not willing to meet with Coinbase: Brian Armstrong:
Coinbase CEO Brian Armstrong has stated that SEC won’t meet with the firm, while asserting the 50% of Washington officials are concerned over the risks of crypto. Go to Source Powered by WPeMatico
BUSD: A case study for stablecoin compliance and security
Are stablecoins really stable? An in-depth case study based on the third-biggest stablecoin in the world answers the industry’s most pressing concerns. Go to Source Powered by WPeMatico
New decentralized stablecoin in China targets international trade
Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan. Go to Source Powered by WPeMatico
HSBC CEO backs CBDCs against crypto and stablecoins
Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level. Go to Source Powered by WPeMatico
SEC chair compares stablecoins to casino poker chips
“We’ve got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables,” said Gary Gensler. Go to Source Powered by WPeMatico
Central bank of Ukraine to promote ‘fair’ Bitcoin regulation
Crypto doesn’t pose a big risk for the financial system until it’s adopted enough to be less volatile, the NBU said. Go to Source Powered by WPeMatico
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly as DAI’s market valuation jumped more than 800% during the last 12 months, increasing from $696 … Read more
Evolve or die: How smart contracts are shifting the crypto sector’s balance of power
Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange. Go to Source Powered by WPeMatico
