Stablecoin Growth Reflects Increased Crypto Market Cap – JP Morgan
A recent report from the US investment bank JP Morgan, indicates that the stablecoin supply has been surging relative to the USD without taking over...
Stablecoin Adoption Threatens Emerging Markets and Developing Economies
FSB report decries the global stablecoins adoption poses financial risks and regulatory difficulties for emerging markets and developing economies. A recent publication by the Financial...
Stablecoin Adoption in Developing Countries Poses Financial Risks
According to the Financial Stability Board report, there are many risks associated with stablecoins in terms of financial and regulatory problems. However, analysts argue that...
Basel Committee Sets Crypto Exposure Rules for Banking Firms
Basel Committee, the international banking committee, has recently announced the completion of crypto investment policies for banking firms. The committee started its journey last year...
54% of Japanese Investors Want to Invest in Crypto Products
Around 54% of Institutional investors hailing from Japan are positive about investing in digital assets. A recent report shared the statistics from Laser Digital, the...
Tether Introduces Gold-Backed US Dollar Stablecoin Called Alloy
Tether is launching a new stablecoin that will serve as a real-world asset token. The gold-backed stablecoin in question is pegged to USD. It is...
Stablecoin USDT Issuer Tether Acquires 25% Stake in Bitcoin Miner Bitdeer
The firm behind the largest global stablecoin USDT issuer, Tether, confirmed owning a 25% stake in the Bitcoin miner Bitdeer as per Thursday, June 6...
Venezuela Shuts Down Crypto Mining Services to Stabilize National Power Grid
The regulatory agencies in Venezuela have joined the international coalition of countries against crypto mining operations. The nations in the coalition have registered their reservations...
Circle Transfers Headquarters to US from Ireland Before Upcoming IPO
Stablecoin issuer firm Circle has decided to venture out of Ireland as part of a strategic move. The firm has decided to transfer its headquarters...
Cardano Founder Alleges Joe Biden’s Pro-SEC Attempts to ‘Kill Crypto’
Cardano creator Charles Hoskinson leads the crypto community faction, alleging that the pro-SEC White House veto is behind the decisive battle line and forcing crypto...