Palau moves closer to stablecoin launch
The island nation of Palau has completed a three-month pilot that it says was a success, and it now aims to launch a national stablecoin to move away from the U.S. Dollar.
The island nation of Palau has completed a three-month pilot that it says was a success, and it now aims to launch a national stablecoin to move away from the U.S. Dollar.
Howard Lutnick, the CEO of U.S. trad-fi giant Cantor Fitzgerald, declared himself "a fan" of Tether stablecoin partly because he holds their treasuries, which is over $90 billion now.
While Tether attempts to disassociate itself from entities and individuals on Office of Foreign Assets Control’s SDN list, Coinbase is acting tough as it continues to show its rejection of the Office's sanctions list.
EUR CoinVertible was listed on Bitstamp this week, making Société Générale the first regulated banking institution to issue its stablecoin to the masses.
While the proposed bill would not impact how the U.S. Securities and Exchange Commission oversees the digital asset space, its enforcement in New Jersey would further validate that the regulator is on the right track.
Coins.ph CEO Wei Zhou caught up with CoinGeek Backstage on the sidelines of Philippine Blockchain Week 2023 to talk about the recent blockchain trends and developments in the country.
JPYC will be issued via Progmat, the tokenization platform owned by MUFG, with the bank seeking to push other stablecoin services like cross-border transfers.
On November 29, CoinGeek was contacted by Tron representatives regarding an article detailing the latest Reuters report on terror groups having shifted their blockchain-based financing activities from BTC to Tron.
As the U.S. untangles digital asset scandals and brings 'crypto' crooks to justice, the Treasury Department is looking to enhance its power to further crack down on illicit activity in the space.
Reuters recently published an update on Tron's growing popularity with Islamic terror groups, to the point that it has eclipsed BTC as the chain of choice for Iranian-backed groups.
Following the approval, it is now up to Montenegro’s Minister of Justice to decide which country gets the first crack at Do Kwon, who is currently detained in Montenegro.
The stablecoin—NZDD—is eyed to give New Zealand a “digital, programmable currency that can do everything the NZD can do,” according to Easy Crypto.