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Bitcoin News / Bitcoinist - 3 years ago
Circle chief Jeremy Allaire has reacted to the recent spree of enforcement actions by the US Securities and Exchange Commission (SEX) and other agencies in the crypto industry. In an interview with Bloomberg, the Circle boss shared his views regardin...
Cryptocoins News / The Cointelegraph โ - 3 years ago
Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities. The United States Securities and Exchange Commission is not the a...
Cryptocoins News / EthereumWorldNews - 3 years ago
Circle founder and CEO Jeremy Allaire recently stated that the U.S. SEC is not the right regulator for stablecoins.& Allaire believes that the activities of a payment stablecoin like USDC fall under the purview of a banking regulator.& The C...
Bitcoin News / Bitcoinist - 3 years ago
Stablecoin issuer Circle ended 2022 with approximately 900 employees and has announced plans to add 135 to 225 new personnel this year. The company remains focused on increasing its workforce in order to support its continued growth in the fast-paced...
Bitcoin News / Bitcoin.com - 3 years ago
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 96...
Cryptocoins News / The Cointelegraph โ - 3 years ago
The vote was passed to fully collateralize Frax Financeโs native stablecoin, phasing out its algorithmic backing. The community of decentralized finance stablecoin pro...
Cryptocoins News / The Cointelegraph โ - 3 years ago
The Canadian Securities Administrators has tightened registration requirements for crypto exchanges for the second time, after the disorder seen in 2022. The Canadian...
More / Bitcoin Reddit - 3 years ago
submitted by /u/autoencoder [link] [comments]
Bitcoin News / Bitcoin.com - 3 years ago
According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority o...
Cryptocoins News / CoinJournal - 3 years ago
TrueUSD will use Chainlink Proof of Reserve (PoR) in minting the TUSD stablecoin. It is the first stablecoin to use Chainlink PoR in controlling the minting process. The PoR will check the balance between the total supply of TUSD and US dollars held...
Cryptocoins News / Blockchain - 3 years ago
Paxos CEO Charles Cascarilla said the business was "engaged in productive negotiations" with the SEC and will continue to communicate privately. (Read More)
Cryptocoins Exchanges / Binance - 3 years ago
BUSD 6% --> 2% USDT 5.5% --> 1.5% Anybody else?? submitted by /u/d3mon1733 [link] [comments]
by COINS NEWS - 3 years ago
submitted by /u/Not_a__Lawyer [link] [comments]
by COINS NEWS - 3 years ago
It is no secret that a large amount of money that is tied into Crypto is mostly put in Stablecoins, especially during bear markets this trend accelerates as many think that it is just safer to temporarily put their money on the side as Crypto p...
Bitcoin News / Bitcoinist - 3 years ago
The crypto space is witnessing many lawsuits regarding losses of investors’ funds on different platforms. Most cases are related to the misuse and diversion of customers’ funds and the false promotion of crypto tokens to gain investorsโ t...
Bitcoin News / Google News Bitcoin - 3 years ago
Stablecoin outflows into Bitcoin begin to repeat โ behaviour change ...& & CryptoSlate
Cryptocoins News / Blockchain - 3 years ago
Stablegains, a DeFi yield platform that closed in May, is being sued in California. (Read More)
Cryptocoins News / The Cointelegraph โ - 3 years ago
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem. New wee...
Cryptocoins News / The Cointelegraph โ - 3 years ago
The BIS-affiliated advisory body will release its final recommendations on global crypto asset regulation and supervision in July. Financial Stability Board (FSB) cha...
by COINS NEWS - 3 years ago
So Iโm determined not to make the same mistake I made in the last bull market and not take profits. I held all my coins like they were my children and never let any of them go. Not this time! Iโm abandoning those bastards left and right. My plan is t...
by COINS NEWS - 3 years ago
submitted by /u/techsupport261 [link] [comments]
Cryptocoins News / The Cointelegraph โ - 3 years ago
The now-shuttered stablecoin yield platform is being sued for customer losses after allegedly funneling customer funds into Anchor Protocol without usersโ knowledge or consent....
by COINS NEWS - 3 years ago
submitted by /u/astockstonk [link] [comments]
Bitcoin News / Google News Bitcoin - 3 years ago
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the ...& & Bitcoin News
Bitcoin News / Bitcoin.com - 3 years ago
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the s...
