Stablecoin
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Cryptocurrency
Euro stablecoin launched in Finland, claims to be first approved in the EU
Finnish company Membrane Finance has released a fully-reserved stablecoin backed by the euro, according to a Feb. 2 blog post…
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Cryptocurrency
Tether CTO denies borrowing from bankrupt lender Celsius
According to its chief technology officer, the company behind Tether (USDT), the world’s largest stablecoin by market capitalization, has never…
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Cryptocurrency
UK Treasury publishes crypto framework paper: Here’s what’s inside
His Majesty’s Treasury published a long-anticipated consultation paper for the United Kingdom’s upcoming crypto regulation. The extensive 80-page document covers…
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Cryptocurrency
ADA-backed algorithmic stablecoin ‘Djed’ launched on Cardano
Since the fall of the TerraUSD (UST) algorithmic stablecoin in May 2022, many users in the crypto space have developed a weariness…
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Cryptocurrency
Fed policy to align bank oversight could limit crypto activities by state banks
The United States Federal Reserve Board announced on Jan. 27 that it was issuing a policy statement regardin limitations on banks.…
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Cryptocurrency
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Stablecoins in the cryptocurrency market help provide U.S. dollar-pegged tokens within the volatile industry. In bull markets, the market capitalization…
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Cryptocurrency
Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K
Bitcoin (BTC) rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a…
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Cryptocurrency
Japan’s FSA expects to allow certain stablecoins by June 2023
Japan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are expected to be adopted no later than…
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Cryptocurrency
Bitcoin derivatives data shows room for BTC price to move higher this week
This week Bitcoin (BTC) rallied to a 2023 high at $23,100 and the move followed a notable recovery in traditional…
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Cryptocurrency
Decentralized forex will reduce cost by as much as 80%: Report
If the foreign exchange market starts using decentralized finance (DeFi) protocols instead of the current centralized systems, the cost of…
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