stablecoins

Can USDC lose its peg to the dollar again in the next few days?

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, ...

Fall and rise: Everything that happened to USDC in the last few days

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 ...

USA America

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 ...

imf

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 ...

FSB to Complete its "High-Level" Guidelines on Stablecoins

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 ...

However, the New York Department of Financial Services (NYDFS) has now ordered Paxos to stop releasing new BUSD stablecoins.

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 ...

More Detailed CBDC Monitoring Will be Launched by BIS

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 ...

Binance Admits Facing Problems in Maintaining $1 Peg of BUSD

Binance Admits Facing Problems in Maintaining $1 Peg of BUSD

Binance is not only the largest cryptocurrency exchange in the world but it is also the name behind a renowned ...

Tether to Reduce Secured Loans to Zero in 2023

Tether is addressing false information surrounding secured loans and revealing plans to reduce secured loans to zero by 2023, according ...

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Investors Pull Out of the Crypto Market as Withdrawals in Stablecoins Increase

As of now, things do not exactly seem to be working out well for investors within the crypto market. The ...