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Stablecoins
SEC plans to sue Paxos over Binance USD stablecoin, stay tuned
The SEC has sent a "Wells notice" to Paxos Trust over its use of BUSD; although Paxos' BUSD is "approved...
Tether claims $700M ‘profit’ in Q4, won’t say how
Tether CTO Paolo Ardoino gave an interview in which he celebrated Tether's ability to redeem $7 billion—10% of its alleged...
BIS developing new tool to monitor stablecoin balance sheets
Under Project Pyxtrial, the Bank for International Settlements is developing a tool for central banks to monitor stablecoins in a...
Why did Circle terminate HandCash USDC accounts?
After his brief hiatus, Joshua Henslee is back in the game as he speculates why stablecoin issuer Circle suddenly terminated...
HandCash on Circle termination: It may have happened for the best
USDC Circle has terminated BSV wallet HandCash's agreements, a move that suspends HandCash's top-up functionality with a debit or credit...
Hong Kong Monetary Authority skeptical against algorithmic stablecoins
In the "Conclusion of Discussion Paper on Crypto-assets and Stablecoins," HKMA confirmed that it received 58 submissions, urging it to...
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