Stablecoins

Tether claims no more commercial paper in stablecoin reserves
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18 October, 2022

Tether claims no more commercial paper in stablecoin reserves

Tether has issued a blog post in which the integrity-challenged firm claimed that as of October 12, it had "eliminated...
EU puts DeFi on notice, revives stablecoin transaction cap
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3 October, 2022

EU puts DeFi on notice, revives stablecoin transaction cap

The European Union is bracing for another wave of measures in the digital asset sector as Parliament mulls tougher laws...
Philippine central bank: Stablecoins could revamp country’s payments ecosystem
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29 September, 2022

Philippine central bank: Stablecoins could revamp country’s payments ecosystem

The Bangko Sentral ng Pilipinas says it is high time to use stablecoins in transactions, noting that it will be...
New US bill seeks to ban UST-like algorithmic stablecoins for 2 years
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24 September, 2022

New US bill seeks to ban UST-like algorithmic stablecoins for 2 years

The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized"...
US judge orders Tether to produce detailed documents on USDT’s backing
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22 September, 2022

US judge orders Tether to produce detailed documents on USDT’s backing

The order from U.S. District Judge Katherine Polk Failla is part of a case that's been ongoing since 2019, where...
South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens
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21 September, 2022

South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens

South Korean authorities issued an Interpol red notice against Kwon last week concerning the failed DeFi project, claiming he had...
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