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Stablecoins
Russia’s central bank opposes ‘overly risky’ private stablecoins
The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
G20 financial watchdog to propose digital asset regulations in October
The Financial Stability Board has stayed away from the industry but says the recent Terra debacle has made it rethink...
USDC stablecoin is coming to HandCash
HandCash plans to create bridges from BSV to USDC that live on other protocols, allowing token holders from large digital...
Bank of England calls for ‘regulatory and law enforcement frameworks’ to address potential digital assets systemic risks
BoE said the United Kingdom needs to have "enhanced regulations" for the market even as it continues to grow and...
China court says Tether stablecoin ‘should not be circulated’
A Chinese court has ruled that local companies can’t pay their workers’ wages with USDT (aka Tether) because the government—like...
Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream
Novi users will lose all access to the wallet in September as Meta urges them to withdraw their funds, ending...
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