De-dollarization is underway and stablecoin legislation can boost USD

[ad_1] Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images A digital dollar is needed to make the greenback’s use more open and integrated, Jeremy Allaire said. “There are de-dollarization efforts that…

House Republicans Face Resistance Reviving Stablecoin Bill

[ad_1] Lawmakers are at odds over how to regulate stablecoins as the fallout from FTX’s collapse last year has left Democrats nervous about strengthening crypto’s ties to the broader financial…

A Little-Known Stablecoin Gets Big Help From World’s Largest Crypto Exchange

[ad_1] Markets Currencies Cryptocurrency TrueUSD’s market value surged after Binance removed spot bitcoin trading fees for the token [ad_2] Source link

China and Singapore deepen crypto involvement as U.S. banks shun the industry

[ad_1] Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to…

Cryptocurrency experts discuss: Regulatory concerns, Ripple legal case, stablecoin legislation | Invezz

[ad_1] Equity research firm H.C. Wainwright & Co hosted a Key Opinion Leaders (KOL) event to explore ongoing regulatory uncertainty dominating the cryptocurrency news cycle in recent weeks. Included in…

Tether Is Winning Stablecoin Battle Despite Looming Risks

[ad_1] Markets Currencies Cryptocurrency Stablecoin’s value has risen by more than $5 billion in past two weeks [ad_2] Source link

Tether news: the crypto company has $1.6 billion in excess reserves for USDT stablecoin

[ad_1] Important news for the crypto company Tether, which says it has about $1.6 billion in excess reserves to support its USDT stablecoin. Speaking of which, Tether’s chief technology officer…

Terra’s Do Kwon arrested in Montenegro months after £40bn crypto crash

[ad_1] Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion (€37 billion) crash of the firm’s cryptocurrency…

Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoin

[ad_1] Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over. Justin…

WSJ News Exclusive | Justice Department Probes Collapse of Do Kwon’s TerraUSD Stablecoin

[ad_1] FBI and New York officials have questioned former Terraform Labs team members. [ad_2] Source link