EU Agreement on crypto Adoption
The European Union is apparently close to striking a regulatory framework agreement in the Markets in Crypto-Assets (MiCA) initiative. This framework refers to.
Crypto News
Crypto News
Tether’s USDT stablecoin is now available on Polygon.
Tether has expanded its reach in the crypto sector by launching its USDT stablecoin on Polygon (previously Matic Network). After Ethereum, Solana, Avalanche,.
Crypto News
After the UST crash, Terraform Labs’ legal team resigned
After a supposed change in job status for several employees of Terraform Labs’ legal team, the ongoing saga with Terraform Labs, the blockchain.
Crypto News
Coinbase Users Sued The Exchange Over Promoting Defunct Stablecoin
Customers of Coinbase have sued the exchange for promoting and trading GYEN, a defunct stablecoin. The lawsuit targets both Coinbase and the issuer.
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Hester Peirce of the SEC says new stablecoin regulations must allow for failure
Commissioner Hester Peirce, dubbed the “crypto mom” by the Securities and Exchange Commission (SEC), has endorsed a regulatory framework for stablecoins that allows.
Crypto News
Do Kwon, CEO of Terraform Labs, reveals a plan to reinstate the UST peg
Do Kwon, CEO of Terraform Labs, has laid out his strategy for helping the stablecoin TerraUSD (UST) reclaim its dollar peg. He stated.
Crypto News
Fed says, The US economy is at risk from sharp interest rate increase
The Federal Reserve (Fed) of the United States has cautioned that a rise in interest rates and the use of stablecoins could endanger.
Crypto News
Terra (LUNA) is down 60% as the UST “Stablecoin” falls below $0.7.
Terra’s LUNA fell as low as $23.50 early today on the Binance platform before reclaiming some ground. Around the time of writing, the.
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Founder Justin Sun says TRON will launch a $10 billion crypto-backed stablecoin in May
According to inventor Justin Sun, TRON wants to introduce its own algorithmic stablecoin named USDD, or decentralized USD, on May 5. The 31-year-old.
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Meta is rumored to be interested in selling the Diem Stablecoin project and assets
Bloomberg reports that Meta is looking to sell its Diem stablecoin project. The monies will be used by the company to repay investors.