Stablecoin

PayPal stablecoin circulation dropped 38% in March — Paxos

PayPal stablecoin circulation dropped 38% in March — Paxos 2024-04-08 at 13:01 By Cointelegraph by Helen Partz Total PayPal USD in circulation amounted to $188.5 million in March, or 39% less than in February 2024. This article is an excerpt from Cointelegraph.com News View Original Source

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Hong Kong bank embraces stablecoin issuers

Hong Kong bank embraces stablecoin issuers 2024-04-05 at 17:02 By Cointelegraph by Savannah Fortis The Hong Kong virtual bank aims to push forward its presence in the Web3 industry by allowing local stablecoin issues access to secure fiat reserve solutions. This article is an excerpt from Cointelegraph.com News View Original Source

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Japan’s Sony Bank tests yen-backed stablecoin for gaming and sports IP payments

Japan’s Sony Bank tests yen-backed stablecoin for gaming and sports IP payments 2024-04-05 at 12:04 By Cointelegraph by Savannah Fortis Sony Bank says it is experimenting with the possibility of issuing its own yen-backed stablecoin as a form of payment for businesses that use intellectual property (IP) owned by the Sony Group. This article is

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Stablecoin delistings in Europe spell change for crypto exchanges, issuers

Stablecoin delistings in Europe spell change for crypto exchanges, issuers 2024-03-29 at 16:02 By Cointelegraph by Andrew Singer The largest stablecoin issuers are non-European, but they will have to get compliant fast if they don’t want to lose ground on the continent. This article is an excerpt from Cointelegraph.com News View Original Source

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IMF recommends stablecoins and CBDCs to boost Pacific Islands’ economies

IMF recommends stablecoins and CBDCs to boost Pacific Islands’ economies 2024-03-26 at 13:01 By Cointelegraph by David Attlee While CBDCs might be the best option for those nations with existent currencies and mature banks, private stablecoins might help less advanced economies. This article is an excerpt from Cointelegraph.com News View Original Source

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AI Act and stablecoin regulations in the EU, 30% crypto mining tax in the US: Law Decoded

AI Act and stablecoin regulations in the EU, 30% crypto mining tax in the US: Law Decoded 2024-03-18 at 22:00 By Cointelegraph by David Attlee The European Parliament granted final approval to the European Union’s artificial intelligence law, one of the world’s first set of comprehensive AI regulations. This article is an excerpt from Cointelegraph.com

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Tether helps US DOJ and FBI recover $1.4M in stolen funds

Tether helps US DOJ and FBI recover $1.4M in stolen funds 2024-03-12 at 18:03 By Cointelegraph by Tristan Greene The U.S. Attorney’s Office says this is among the first times the U.S. has recovered USDT from an unhosted virtual currency wallet. This article is an excerpt from Cointelegraph.com News View Original Source

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Pro-Bitcoin Senator Cynthia Lummis pushes stablecoin bill

Pro-Bitcoin Senator Cynthia Lummis pushes stablecoin bill 2024-03-08 at 13:03 By Cointelegraph by Helen Partz Pro-Bitcoin Senator Cynthia Lummis is drafting regulations for stablecoins after attacking major stablecoin firm Tether in 2023. This article is an excerpt from Cointelegraph.com News View Original Source

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France’s third-largest bank, Société Générale, launches euro pegged stablecoin

France’s third-largest bank, Société Générale, launches euro pegged stablecoin 06/12/2023 at 11:04 By Cointelegraph by Prashant Jha The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s wide customer base for trading use. This article is an excerpt from Cointelegraph.com News View Original Source

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Crypto payments: PayPal’s stablecoin ripple effect on markets

Crypto payments: PayPal’s stablecoin ripple effect on markets 05/12/2023 at 18:03 By Cointelegraph by Victoria Kennedy Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption? This article is an excerpt from Cointelegraph.com News View Original Source

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Binance will end support for BUSD stablecoin in December

Binance will end support for BUSD stablecoin in December 30/11/2023 at 01:03 By Cointelegraph By Turner Wright Many users’ Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. This article is an excerpt from Cointelegraph.com News View Original Source

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Ethereum (ETH) price reclaims $2K as data shows a surge in network activity

Ethereum (ETH) price reclaims $2K as data shows a surge in network activity 24/11/2023 at 02:02 By Cointelegraph By Marcel Pechman Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000. This article is an excerpt from Cointelegraph.com News View

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Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO

Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO 23/11/2023 at 23:02 By Cointelegraph By Derek Andersen Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said. This article is an excerpt from Cointelegraph.com News View Original

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Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation

Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation 23/11/2023 at 21:02 By Cointelegraph By Turner Wright Consensys’ senior counsel and director of global regulatory matters, Bill Hughes, spoke at the North American Blockchain Summit on crypto bills and their role in politics. This article is an excerpt from Cointelegraph.com News View Original

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New Zealand dollar stablecoin goes live through local crypto exchange

New Zealand dollar stablecoin goes live through local crypto exchange 22/11/2023 at 06:03 By Cointelegraph By Derek Andersen Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership with an Australian blockchain development firm. This article is an excerpt from Cointelegraph.com News View Original Source

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Tether’s bank partner Britannia sued over $1B deposit: Report

Tether’s bank partner Britannia sued over $1B deposit: Report 21/11/2023 at 17:04 By Cointelegraph By Helen Partz Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether. This article is an excerpt from Cointelegraph.com News View Original

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