Stablecoins

Hong Kong to increase digital asset regulation in next 18 months, with focus on stablecoins
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14 August, 2024

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
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13 August, 2024

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
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8 August, 2024

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
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5 August, 2024

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
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2 August, 2024

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...
Tether celebrates ‘profits’ but market manipulation lawsuit won’t go away
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1 August, 2024

Tether celebrates ‘profits’ but market manipulation lawsuit won’t go away

Tether recently issued its latest attestation report on the reserve assets allegedly backing up the over $113 billion in circulating...