
Stablecoins
‘Big Crypto’ lobbying furiously as 2024 US election heads into home stretch
Public Citizen consumer advocacy group released a report titled ‘Big Crypto, Big Spending’ that showed ‘crypto corporations’ poured $119 million...
Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins
At the third Foresight Conference, David Chiu, a Hong Kong Special Administrative Region legislative council member, said they must soon...
Tether sued for $3.5 billion for liquidating Celsius loan collateral
The lawsuit seeks to reclaim BTC tokens that Celsius sent to Tether as collateral for loans of the USDT, which...
Bank of England, BIS outline Pyxtrial project for monitoring stablecoins
Reeling from the aftermath of the Terra collapse, the BIS and BoE will carry out Pyxtrial, an initiative focused on...
Bahamas shores up digital asset loopholes with DARE Act, 2 years after FTX implosion
When FTX moved to the Bahamas in 2021, the government said it was proof the country was becoming a tech...
Coinbase profits plunge as retail traders lose their appetite for self-destruction
Things aren't looking good for Coinbase, which recorded a significant drop in transaction revenue and profit in Q2 while dealing...