You Searched For "stable coins" and got 20 results
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2 mins read
Coinbase removes promise from website that each US dollar coin is backed by an actual dollar
Assets backing up the USD Coin include commercial paper and corporate bonds, according to a July di…
Matthew Fox
2 mins read
Crypto is not a viable long-term form of private money and stablecoins are equivalent to poker chips at the casino, SEC chief says
"I don't think there's a long-term viability for 5,000 or 6,000 private forms of money," SEC chief …
Carla Mozée
7 mins read
'This is something we have to do to push the ecosystem forward': Tyler Winklevoss explains why Gemini's launching a crypto coin pegged to the US dollar
Winklevoss: We obviously talk to all of our clients, retail, prop shops, market making firms, tradi…
Frank Chaparro
2 mins read
Further upside in crypto is limited as stablecoin ownership declines, JPMorgan says
Bitcoin and ether surged more than 30% from their respective February lows amid a flurry of short c…
Matthew Fox
2 mins read
Facebook wants to test its cryptocurrency in a country that’s trying to ban it altogether
Insiders say that India has been chosen for pilot testing the virtual currency, as the country…
3 mins read
The SEC is taking a hard line on stablecoins right now - but it could permit more coin issuers if it gets to regulate them, a financial policy expert says
A wide range of entities - such as asset managers, banks, and securities firms - could become issue…
Shalini Nagarajan
1 min read
A former manager at a major crypto exchange is accused of making illegal trades to bank $5 million in tether, report says
Boliang reportedly made a retail account in his father's name and then deposited $20 million of cre…
Matthew Fox
2 mins read
Bitcoin won't replace the dollar because it's too volatile, Fed's Powell says
Stable coins, which peg their value to more stable assets like fiat currencies, "may have a role to…
Ben Winck
2 mins read
The SEC is likely to get the green light to target stablecoins this week, report says
US agencies will urge Congress to pass legislation that states these coins should be regulated like…
Shalini Nagarajan
2 mins read
Time magazine is selling NFTs and will begin accepting cryptocurrencies for digital subscriptions within 30 days
Time magazine plans to accept digital currencies within 30 days and will sell three NFTs in a digit…
Will Daniel
3 mins read
Russia's biggest bank has been cut out of the global financial markets and now it's launched a cryptocurrency
Sberbank launched a digital currency just weeks after the invasion of Ukraine, as sanctions cut Rus…
Adam Morgan McCarthy
Frank Chaparro
2 mins read
Introducing 'JPM Coin': JPMorgan will be the first major US bank to launch its own cryptocurrency
The bank said that over time, JPM Coin will be "extended to other major currencies." As for whether…
Rebecca Ungarino
3 mins read
This woman made a business out of hooking up cryptocurrency holders with yachts and $4 million cars - now she's launching a currency named after herself
Unlike ether and bitcoin, which have both been historically traded as a method of speculation, the …
Zoë Bernard
2 mins read
Binance to cease support for 3 top stablecoins from Sep 29
Leading crypto exchange Binance has announced to discontinue support for three stablecoins - USDC, …
1 min read
Bitcoin cash soars above $700
The price of bitcoin cash, the clone coin of bitcoin, has fluctuated since it split from the origin…
Frank Chaparro
2 mins read
Circle tells congress its coin is '100%' backed by cash and short-term US debt as lawmakers scrutinize stablecoins
Circle CEO Jeremy Allaire and other crypto executives testified at a House Financial Services Commi…
Carla Mozée
2 mins read
Fed president Neel Kashkari tears into 'giant garbage dumpster' cryptocurrencies
"The reason that the dollar has value is because the US government has a legal monopoly on producin…
Ben Winck
1 min read
Visa will allow the use of a dollar-backed cryptocurrency to settle payment transactions on its network
USD Coin is a stablecoin, a type of cryptocurrency that is pegged to a stable asset, such as the US…
Shalini Nagarajan
1 min read
Zimbabwe will issue gold 'Mosi-oa-tunya' coins as sky-high inflation slams local currency
The inflation rate clocked in at an astonishing 192% last month, and the Zimbabwe dollar has deprec…