European Union (EU) officials have consented to a groundbreaking law to make crypto service providers’ and issuers’ life tougher, according
Category: Stablecoins
Japan Passes Stablecoin Law for Investor Protection
The government of Japan has adopted a proactive approach to cryptocurrencies. After the catastrophic fall of the UST token, financial
Bank of England Gets Power to Regulate Stablecoins
The UST peg-breaking incident is still casting a shadow of fear and uncertainty over the global cryptocurrency market. The consumers
After UST, Algorithmic Stablecoin DEI also Loses Dollar Peg
Recently, the investors of the cryptocurrency community faced a massive shock after the sudden downfall of the Terraform Labs tokens.
Tether CTO Claims that the Company is Reducing Holdings of Commercial Paper
The Chief Technical Officer of Tether and Bitfinex, Paolo Ardoino, recently told the media that the developers are working on
RBI Echoes Concerns about Private Cryptocurrencies
The report reveals that stablecoins might support efficient, inclusive, and faster payment options if appropriately regulated and well-designed. The Reserve
Crypto Execs Urge Regulators to Consider Tailor-made Crypto Legislation in Congress
On 8 December, crypto market executives before the Congress. They aimed to improve lawmakers’ and regulators’ understanding of this new
Terra will Burn $4.5 Billion Worth of LUNA
An algorithmic stablecoin project by the name of Terra is planning on burning around $4.5 billion worth of its native
Bitcoin Exchange Supply Hits 28-Month Low
Bitcoin investors have dealt with volatility and turbulence this month, September 2021. The world’s leading coin has maintained a slipping
Why Ethereum is A Solid Player Among The Best Stocks
For a long time, Bitcoin was compared to stocks, and Ethereum is the second most actively traded asset on the