Bookmarking Crypto Insights
Auto Added by WPeMatico
A senior official from Russia’s Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia. Dollar-pegged stablecoins have gained popularity for facilitating fund transfers between cryptocurrencies and cash, especially as Western sanctions have complicated international payments for Russian … Read more
Cryptocurrency analytics firm Elliptic has partnered with Monerium, a Reykjavik-based Electronic Money Institution (EMI), to enhance anti-money laundering (AML) and compliance measures for its EURe stablecoin. Monerium Taps Elliptic to Navigate MiCA Rules Amid Euro Stablecoin Boom According to the announcement shared with Bitcoin.com News, the collaboration aims to automate cross-chain transaction monitoring and reduce … Read more
The bank published a report that estimates an almost ten-fold increase in the supply of stablecoins by the end of 2028 if the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is passed later this year. Standard Chartered Predicts $2 Trillion Stablecoin Market by 2028 London-based Standard Chartered bank published a research report … Read more
JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market’s predominant focus on the U.S. dollar. Kinexys enables corporate clients to transfer funds between JPMorgan accounts and currently processes over $2 billion in daily transactions. The GBP expansion follows the network’s recent capability to … Read more
Ethena, a synthetic dollar protocol, has partnered with the decentralized reinsurance platform Re to enable users to earn yield by depositing stablecoins into reinsurance risk pools. Synthetic Dollar Protocol Ethena Taps Re for High-Yield Reinsurance Pools The integration allows users to lock USDe and sUSDe stablecoins into Re’s Risk Pools, managed by qualified Cell Managers, … Read more
Stablecoin trading volumes skyrocketed following the confirmation of the end of currency control measures in Argentine markets. Local exchanges reported a 100% increase in trading volumes, initially driven by selling trends. However, by Saturday, buyers had taken control, leading to rising exchange rates. Argentine Stablecoin Trading Volumes Blow up as Currency Controls Get Lifted The … Read more
The U.S. Securities and Exchange Commission’s clarification about the nonsecurity status of covered stablecoins allows businesses utilizing them to operate without the stringent regulations applied to securities. This is an opinion editorial written by Nathaniel Luz, the co-founder & CEO of Flincap, a platform for OTC crypto exchanges in Africa. SEC Clarification: Big Win for … Read more
Regulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assets, igniting America’s fintech dominance worldwide. Regulatory Barriers on the Brink as Treasury Sparks Blockchain Shift U.S. Treasury Secretary Scott Bessent laid out a broad financial reform agenda at the Bankers Association Summit on April 9, pledging to … Read more
Stablecoin issuer First Digital Trust says it transferred over $500 million in TUSD reserves to the Dubai-based ARIA Fund at the request of Techteryx. Funds Transferred in Multiple Transactions First Digital Trust (FDT), the stablecoin issuer currently embroiled in a bitter dispute with Tron blockchain founder Justin Sun, said it transferred over $500 million in … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the Brazilian government’s proposed ruleset that would outlaw stablecoin self-custody is pointless, as Brazilians will find a way to sidestep it. Latam Insights Encore: Brazil Won’t Be Able to Ban … Read more