Can USDC lose its peg to the dollar again in the next few days?
Early on Saturday, Stablecoin USD Coin (USDC) lost its 1:1 dollar peg and dropped as low as $0.88 after Circle, the stablecoin’s issuer, disclosed that some
stablecoin (Latest Publications)
Fall and rise: Everything that happened to USDC in the last few days
The second-largest stablecoin by market value, USD Coin (USDC), lost its dollar peg and fell to an all-time low of $0.88 on Saturday when Circle, the
US Federal Reserve Plans to Deploy “Specialized Crypto Team”
In a recent interview, United States Federal Reserve Vice Chair for Supervision Michael Barr, said the regulatory agency is planning to create a “specialized team of
Coinbase to suspend Binance BUSD trading on its platform
Coinbase, a cryptocurrency exchange, revealed on Monday that it would suspend trading for Binance USD (BUSD) on March 13, 2023, at about 12 p.m. ET. This
IMF Proposes Tighter Crypto Regulation Instead of Outright Ban
In a recent interview, the International Monetary Fund (IMF) managing director (MD) Kristalina Georgieva proposed to differentiate between central bank digital currency (CBDC) and publicly issued
Circle CEO: SEC Not Fit to Regulate Stablecoins
The world of cryptocurrency has been through its fair share of turbulence, with regulators attempting to assert their authority over a digital ecosystem that is still
FSB to Complete its “High-Level” Guidelines on Stablecoins
Regulators around the world have been taking steps this year to monitor stablecoin cryptocurrencies. The most recent international body that has taken an interest in regulating
Binance Founder CZ Addresses the SEC and Paxos saga
The United States keeps up its pressure effort on various cryptocurrency users and companies. Paxos and Binance appear to be in the regulatory crosshairs right now
SEC to Sue Stablecoin Issuer Paxos Over Binance USD
The United States Securities and Exchange Commission (SEC) is reportedly planning to sue stablecoin issuer, Paxos Trust Company over violating investor protection laws in its issue
A More Detailed CBDC Monitoring System Will be Launched by BIS
The Bank for International Settlements (BIS) will launch a stablecoin monitoring project and will place a greater emphasis on CBDC experiments. According to the most recent
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