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
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, 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
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
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
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
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
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
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
Cardano based over-collateralized algorithmic stablecoin, “Djed” managed to amass a whopping $10 million in total value of assets locked (TVL) in just 24 hours, since launch.
As reported by Bloomberg, Moody’s is currently developing a scoring system for crypto stablecoins. Up to twenty stablecoins plus reserves will be evaluated by the scoring
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