stablecoins

Stable.com Sells for Over $1 Million in One of the 3 Biggest Sales Reported Year-to-Date

Stable.com Sells for Over $1 Million in One of the 3 Biggest Sales Reported Year-to-Date

As the Bank of England proposes to bring Stablecoins under strict regulatory parameters by introducing a new category of financial instrument for regulated Stable Tokens (CBDC). Which domain would value higher? Web2: StableTokens.com Web3: Stablecoins.eth

As the Bank of England proposes to bring Stablecoins under strict regulatory parameters by introducing a new category of financial instrument for regulated Stable Tokens (CBDC). Which domain would value higher? Web2: StableTokens.com Web3: Stablecoins.eth

U.S. Securities and Exchange Commission’s (SEC) Chair Gary Gensler today gave his keynote address before the European Parliament Committee on Economic and Monetary Affairs. Highlights: The speech covers Gensler’s views on cryptoassets and other key SEC’s initiatives. The cryptoasset is now...

Paxos renames its stablecoin from PAX to USDP https://techcrunch.com/2021/08/24/paxos-renames-its-stablecoin-from-pax-to-usdp Paxos #USDP #stablecoins

Basel Committee outlines tough stance on cryptocurrencies Global regulator proposes high risk-weight for bitcoin and ethereum, in contrast to reserve-backed #cryptoassets such as #stablecoins...

BIS steps up encouragement for CBDCs, says they can coexist with private stablecoins The Block as to whether governments issuing CBDCs would put up with the private competition, Cœuré said, “What you call competition, I would call it choice for the customer. If you go out after this press...

Analyzing Mark Cuban’s call for stablecoin regulation Notably, the UK’s discussion of stablecoins only considers fully collateralized digital currencies which are redeemable. The EU’s approach is far more nuanced and acknowledges three types of stablecoins. In the EU’s draft regulations for...

Mark Cuban calls for stablecoin regulation in wake of Iron Finance 'bank run' After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.”...

Maps.me and Circle Partnership Brings Stablecoins to Millions of New Users Maps.me will bring access to stablecoins to tens of millions of customers worldwide, offering instant payments to more than 35 countries...

PayPal alums build a real-time rail for stablecoins Two former PayPal developers are launching a network that allows the use of stablecoins for a near-instant connection between banks, merchants and payment companies...

Massive news for ‘Token’ domain holders! Basel Committee Proposes Differentiating Regulation of Cryptoassets They split #cryptoassets into two groups 1. “tokenized traditional assets & #stablecoins,” 2. cryptoassets in the second group that “pose higher risks” like #Bitcoin Consultative...

Basel Committee Proposes Differentiating Regulation of Crypto Assets Based on Risks to Banks ‘The proposals split cryptoassets into two broad groups: those eligible for treatment under the existing Basel Framework with some modifications; and others, such as bitcoin, are subject to a new...

Stablecoins, CBDCs Don’t Present Inherent Risk to Financial Stability: Bank of England Executive Says Christina Segal-Knowles played down concerns that the traditional banking model would be undermined. Stablecoins and central bank digital currencies (CBDCs) don’t pose an inherent risk to...

Global banking regulators call for toughest rules for cryptocurrencies Global regulators have said cryptocurrencies such as bitcoin should come with the toughest bank capital rules to avoid putting the wider financial system at risk should their value collapse suddenly. However, it said looser...

Global banking regulator urges toughest capital rules for crypto Some assets, such as stock tokens, would fit into modified existing rules on minimum capital standards for banks. Others, such as bitcoin, would face a new “conservative” prudential regime, it recommended. Stablecoins —...

G7 plans common CBDC ‘principles’, reiterates global stablecoin cooperation On Saturday, the G7 issued a communique covering central bank digital currencies (CBDC) and global stablecoins. https://www.ledgerinsights.com/g7-common-cbdc-principles-global-stablecoin-cooperation/ #CBDCs...

New forms of digital money This Discussion Paper sets out the Bank’s emerging thoughts on new forms of digital money, which include both systemic stablecoins and a UK CBDC. It builds on the Bank’s previous Discussion Paper on CBDC published in March 2020,footnote [1] and the Financial Policy...

That may be true. We're just waiting for something huge that will be reported very soon. :xf.wink: