Russia’s largest bank files to launch a stablecoin
Russia’s Sberbank has filed an application with the country’s banking regulator to launch its own stablecoin.
Latest stablecoin News
Buckle your seatbelts: NY Attorney General to decide on Tether in 30 days
The outcome of the case could have a huge impact on digital asset markets, with Tether regarded as the asset that backs up much of BTC's (and other popular assets) price.
UK Finance Ministry invites public input on digital currency regulation
Her Majesty’s Treasury has opened consultation on proposed laws to govern “crypto-assets and stablecoins” until March 21.
Tether printing presses in overdrive as regulators watch closely
With a large portion of the "money" flowing into digital asset markets recently coming from USDT, any regulatory action against it could have a large negative impact, Jon Southurst writes.
New York approves the first Japanese yen-pegged stablecoin
The New York Department of Financial Services granted a charter to GMO-Z.com Trust Company Inc. to issue the GYEN stablecoin in the state.
Joe Biden told to ‘rescind crypto guidance’ issued by Office of Comptroller of Currency
Rep. Maxine Waters, said the incoming government should ‘rescind or monitor’ recent cryptocurrency guidance outlined by the department.
Facebook Libra rebrand draws legal and political ire
Facebook has been threatened with legal action after rebranding its Libra stablecoin to “Diem,” following objections from a finance startup with the same name.
Digital currency assets under discussion at G7: US Treasury
Finance ministers and central bank governors from across the Group of 7 countries discussed crypto assets and their increasing role in the global financial system.
Spotify to expand its digital currency footprint with new hire
The company is hiring a new payments head, with digital currencies, CBDCs and decentralized ledger technology among the areas of focus.
US Congress seeks to regulate stablecoins with new STABLE Act
The STABLE Act seeks to treat stablecoin issuers as banks, requiring them to obtain a banking charter and abide by all the current baking regulations.
Russia central bank snubs private ruble-pegged stablecoins
The Chinese model for its digital yuan is a better template for Russia in exploring a central bank digital currency, central bank officials said.
The CoinGeek Pulse Episode 23: Libra is now Diem, Douglas Rushkoff makes Streamanity debut, Royal family reacts to Bitcoin
In this week’s Pulse episode, we have the latest in cyberspace and Queen’s Elizabeth’s reaction after getting a blockchain journal in the mail.
