[ad_1] The Federal Reserve’s top bank watchdog, Michael Barr, says he’s “deeply concerned” about stablecoins without strong federal oversight. Fed officials previously have expressed their unease about stablecoins, crypto tokens…
Tag: Stablecoins
Zodia Markets CEO Ahmad backs stablecoins for growth after crypto crash
[ad_1] The chief executive of Standard Chartered’s crypto offshoot Zodia Markets Usman Ahmad is looking to cash in on surging global demand for stablecoins. “A lot of corporate clients are interested…
New Zealand is ‘Cautious’ on Crypto While Singapore Takes Proactive Approach to Regulate Stablecoins
[ad_1] Source: Pixabay Stakeholders in New Zealand are advocating for a gradual and meticulous strategy in regulating the crypto industry in the country. On the other hand, Singapore is embracing…
7 Key Areas to Know About The New Stablecoins Framework in Singapore – Fintech Singapore
[ad_1] Stablecoins, emerging as a new category of digital payment tokens (DPTs), hold immense potential to transform payment methods. The Monetary Authority of Singapore (MAS) has streamlined and finalised its…
Singapore central bank says three business days is ‘timely transfer’ for stablecoins
[ad_1] While blockchains continue to revolutionize payments by allowing instant transfers, Singapore’s central bank believes three business days is a “timely transfer” for single-currency stablecoins (SCS), similar to transfer speed…
Central bank reveals new regulatory framework for stablecoins
[ad_1] It seeks to ensure a high degree of value stability for regulated stablecoins. The Monetary Authority of Singapore (MAS) said it has finalised the regulatory framework that will apply…
Singapore releases regulatory framework for single-currency stablecoins
[ad_1] By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank released a regulatory framework on Tuesday intended to bolster the stability of single-currency stablecoins. The framework will apply to non-bank…
Coinbase Bases, PayPal Stablecoins, Binance Exchanges and 20 Crypto Jokes
[ad_1] This cryptoweek in the cryptoverse: crypto! Glassnode found that long-term holders now control more BTC than ever, and we learned that crypto is now scarcely more supportive of the…
Stablecoins give the U.S. a way to make the dollar ‘relevant’ again, says Valor Capital’s Brooks
[ad_1] Stablecoins may be crypto’s killer app, but there needs to be regulation in place to allow them to flourish – which could benefit the U.S. dollar, according to Brian…
Stablecoins Offering Less Stability for Coinbase
[ad_1] Declining interest revenue from stablecoins is one of many headwinds for the crypto exchange. [ad_2] Source link