Wyoming legally recognizes first DAO in the United States
Wyoming is further solidifying its position as the most crypto-friendly state in North America. Go to Source Powered by WPeMatico
Stablecoins
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Messari: USDC set to become ‘dominant’ stablecoin on Ethereum
Tether supplies on Ethereum are dwindling as USD Coin demand grows and grows. Go to Source Powered by WPeMatico
Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. Rosengren: ‘We Should Be a Bit Concerned About Stablecoin Markets Growing Very Rapidly’ … Read more
Federal Reserve official: Stablecoin growth is ‘exponential,’ deserves ‘attention’
Boston Federal Reserve President Eric Rosengren notes that Tether could be a “disruptor” to short term credit markets. Go to Source Powered by WPeMatico
Opera announces support for Celo stablecoins in its crypto wallet app
Opera has added Celo-based stablecoins to the list of supported assets in its wallet app. Go to Source Powered by WPeMatico
Will regulation adapt to crypto, or crypto to regulation? Experts answer
Here’s what crypto and blockchain industry experts think about the regulatory dilemma related to cryptocurrency. Go to Source Powered by WPeMatico
Privacy Is Key for Successful Digital Euro, Data Protection Body Says
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an ECB executive has vowed that the digital euro will protect users’ privacy. EDPB Insists Data … Read more
Mark Cuban calls for stablecoin regulation in wake of Iron Finance ‘bank run’
After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.” Go to Source Powered by WPeMatico
Basel Committee Proposes Differentiating Regulation of Crypto Assets Based on Risks to Banks
The Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups and regulating them based on their market, liquidity, credit, and operational risks to banks. Cryptocurrencies, such as bitcoin, will be subject to “a new conservative prudential treatment.” Crypto Regulation Proposed by Basel Committee on Banking Supervision The Basel Committee has proposed … Read more
Curve Finance’s new release positions project for AMM takeover
ETH, WBTC, and USDT trading pairs are live on Ethereum, and more trading pairs are expected to be added to the platform in the coming weeks. Go to Source Powered by WPeMatico