Digital ruble highest form of money, Russia says
Russia’s central bank may roll out digital ruble early 2022. The project is focused on replacing other digital currencies in the country.
Latest stablecoin News
Tether is still lying to you
Tether is becoming an artisan at promising to provide an audit showing that its stablecoin is fully backed and then doing everything in its power to avoid exactly that.
Bank of Thailand warns against illegal baht-backed stablecoin
The stablecoin, called Thai Baht Digital (THT), is created on the Terra platform, according to Bank of Thailand officials.
RelayX lists USDC/BSV trading pair on REX
RelayX has added a USDC/BSV trading pair to its decentralized exchange–this makes it easy for anyone to enter or exit USDC on BSV!
Bitfinex supposedly repays $750M loan to Tether—why now?
The loan was taken to cover for the loss of $850 million in co-mingled client and corporate funds caused by entrusting its liquidity to a Panamanian company called Crypto Capital, according to NYAG.
US Fed seeking manager with a focus on stablecoins and CBDCs
The successful applicant will be in charge of emerging payment, clearing and settlement systems for the U.S. Federal Reserve.
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.
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.