Browsing Tag
Stablecoin
15 posts
Fed Governor highlights potential for USD-Pegged Stablecoins to reinforce dollar dominance
US Fed Governor Christopher Waller, previously critical of cryptocurrencies, now expresses optimism about dollar-pegged stablecoins. Addressing a conference…
MiCA and Stablecoins: Europe’s regulatory hurdles explained
The Markets in Crypto Assets Regulation (MiCA) is poised to reshape the European Union’s crypto landscape, with implications…
Money laundering unveiled: Bitrace report sheds light on Stablecoin challenges
Blockchain researcher Bitrace recently released a report, translated by Wu Blockchain, shedding light on potential money laundering activities…
Tether implements freeze on tokens for OFAC- sanctioned individuals
Tether (USDT), the entity behind the world’s largest stablecoin, has taken a decisive step by freezing wallets associated…
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…