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