Browsing Tag
Stablecoin
11 posts
TrueUSD Stablecoin Faces Withdrawal Issues as U.S. Depository Freezes Funds
TrueUSD is a stablecoin built on the Ethereum blockchain (ERC20) that maintains a 1:1 peg with the US…
Crypto competence in Presidential race: Desantis vs. Ramaswamy battle for Bitcoin support
Bitcoin has captured the limelight after the United States presidential candidate Ron Desantis said that he will protect…
Japan’s Vice Minister emphasizes the importance of financial stability in Crypto-asset markets
Tomoko Amaya, the Vice Minister for International Affairs, Financial Services Agency, Japan shared her views in an interview…
HKMA unveils plans for Crypto and stablecoins in Annual Report 2022
Recently, the Hong Kong Monetary Authority (HKMA) released an Annual Report 2022 and Sustainability Report 2022. In the…
Crucial update on stablecoin bill in the US: What’s changed?
On 24th April, a senior Republican committee member involved in drafting the legislation provided a crucial update on…
U.S. Congress hearing sheds light on challenges of managing stablecoins
The United States is witnessing a very volatile situation in the management of stablecoins. On 19 April, in…
England’s deputy governor highlights concerns with Stablecoins in financial systems
On 17th April, Jon Cunliffe, Bank of England’s deputy governor delivered a speech on stablecoins and future payment…
Australian lawmaker introduces bill to regulate Crypto custodians and Stablecoins
On 29 March, Australian Liberal party senator Andrew Bragg presented a new bill to implement a licensing regime…
Are stablecoins the future of digital payments and IoT transactions?
Recently, a report by Digital Euro Association has been released regarding the potential of stablecoins in the future,…
Japanese banks to join Blockchain revolution with Stablecoin adoption
Three Japanese banks, namely Tokyo Kiraboshi Financial Group, Minna no Bank, and The Shikoku Bank, will start using…