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Tag: stablecoins

Stablecoins highlight ‘structural fragilities’ of crypto — Federal Reserve

“Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate...

Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support

BTC and altcoins could continue to see selling, but a positive is that traders took shelter in...

Human rights activists take aim at privileged crypto critics in letter to Congress

The group of 21 activists provided examples of how crypto assists people around the world, saying “tens...

UK government proposes additional safeguards against stablecoin failure risks

The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return...

China state media signals tighter crypto regulations in Terra aftermath

China has used its Economic Daily media outlet to signal that further regulatory action may be taken...

Vitalik: How to create algo stablecoins that don’t turn into ponzis or collapse

“What we need is not stablecoin boosterism or stablecoin doomerism, but rather a return to principles-based thinking,”...

FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report

The United Kingdom's Economic and Finance Ministry announced in April that it would work to incorporate stablecoins...

Biden’s pick for Fed vice chair for supervision calls for congressional action on stablecoins

Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was...

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