Tag: stablecoin

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House Republicans Unveil Draft Legislation For Stablecoin Issuer Regulation

While the regulation of the stablecoin and crypto market is still uncertain in the United States, Republicans on the House Financial Services Committee...

Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31 – Altcoins Bitcoin News

While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4...

Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues – Bitcoin News

According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and...

French Bank Crticized for Its Euro-Pegged Stablecoin

Several crypto community members called the stablecoin...

Tron’s $60B goal in sight as stablecoin dominance surges – fueled by Tether’s impressive run

Tron (TRX) stablecoin’s dominance has reached a record high of 33.9% — primarily due to the rising supply of Tether USDT, according to...

Stablecoin Growth In Israel Prompts Central Bank To Explore CBDC

The use of stablecoin is seeing immense growth in the biblical holy land. The Bank of Israel published a report on Monday detailing the...

Circle Executive Asked To Join US Congressional Hearing on Stablecoin Payments

The chief strategy officer of US Dollar Coin (USDC) stablecoin issuer Circle is expected to testify during an upcoming US congressional hearing on...

Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction – Altcoins Bitcoin News

Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of...

BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules

The new rules will look to regulate stablecoins like commercial bank money, “including the requirement that the coins should be redeemable from the...

U.S. Congress To Hold Hearing On Stablecoin Legislation, Probe SEC Regulatory Action

The U.S. Congress appears to have an interesting week ahead, as the House of Representatives is set to debate a draft bill which...

US House Committee Publishes Draft Stablecoin Bill

The bill, available on the Committee's hearing page, represents the first major piece of crypto legislation to move in 2023. It creates definitions...

IMF Takes Aim at Stablecoin Issuers and Crypto Giants Following a Tumultuous Year in the Market

After a rollercoaster ride for the cryptocurrency market in the past year, the International Monetary Fund (IMF) has set its sights on stablecoin...