US Fed to Create New Crypto Team amid Concerns About Unregulated Stablecoins
According to a Fed official, the US Federal Reserve will establish a “specialized team of specialists” to monitor changes in the cryptocurrency sector.
Crypto News
Blockchain News
Huobi Token Tanks 93% in Minutes, Justin Sun Blames Liquidations and ‘Market Behavior’
Recent events involving the Huobi token have been accompanied by some peculiar occurrences. During the early morning hours of March 10, the price.
Blockchain News
Stablecoins and Ether are ‘going to be commodities,’ Reaffirms CFTC Chair
Stablecoins and Ether are commodities, according to the head of the United States Commodities Futures Trading Commission (CFTC), and should be regulated by.
Crypto News
In seven days, the USDC average trading volume increased to an all-time high
According to the cryptocurrency statistics dashboard Glassnode, the amount of stablecoin USD Coin (USDC) supply held by the top 1% of addresses fell.
Crypto News
Stable Coin Main Bolster the Fragile Dollar
Stablecoins can reach to the next level through dollarization and CBDCs incompetency means the use of dollar as peg will not wane anytime.
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.
Crypto News
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.