Cryptocoins News / Finance Magnates - 3 years ago
<p>Japan intends to allow local investors to trade foreign stablecoins, such as USD Coin (USDC) or Tether (USDT), by the end of the second quarter of 2023 at the latest, The
Financial Services Agency (<a href="https://www.financemagnate...
Cryptocoins News / Blockchain - 3 years ago
Japan's Financial Services Agency (FSA) is trying to legalise stablecoin distribution. New 2023 legislation enable stablecoins like Tether (USDT) and USD Coin (USDC). (Read More)
Cryptocoins News / The Cointelegraph - 3 years ago
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.” Bitcoin (BTC) rallied...
Cryptocoins News / CoinJournal - 3 years ago
Bitwise Chief Compliance Officer Kathrine Dowling is optimistic on stablecoin regulation in the US in 2023.
According to Dowling, stablecoins will the first to be regulatory as what needs to be done is mostly straightforward.
The US is looking to al...
Bitcoin News / Bitcoin.com - 3 years ago
PRESS RELEASE. Fluid Finance submitted a proposal to integrate the DAI decentralized stablecoin directly into the traditional financial system. It would be the first time that a stablecoin could be purchased directly from a bank account.
Jessica Walk...
Cryptocoins News / The Cointelegraph - 3 years ago
There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said. Japan’s new regulation...
by COINS NEWS - 3 years ago
One of the things that happen during bear markets is that a pretty big percentage of the capital in the crypto market does not flow completely out of it but into Stablecoins instead as people think its safer to reallocate assets until the bear...
Bitcoin News / Bitcoin.com - 3 years ago
The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digi...
Cryptocoins News / The Cointelegraph - 3 years ago
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project. A Hong Kong-ba...
Cryptocoins News / The Cointelegraph - 3 years ago
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm involved in building China’s national blockchain project. A Hong Kong-base...
Cryptocoins News / Blockchain - 3 years ago
NAB will introduce an Ether-based Australian dollar-pegged stablecoin. Reports say the AUDN stablecoin streamlines cross-border transfers and carbon credit trading. (Read More)
by COINS NEWS - 3 years ago
Eggland's Best one of the largest egg companies in the world announced this morning that they will be releasing a stable coin pegged to the price of one EGG. The coin will be called EGG and will always be redeemable for one EGG from Eggland...
Cryptocoins News / The Cointelegraph - 3 years ago
Tightening reserves and offering real-time pricing data to the market are among the ways the stablecoin space could better weather volatility. With a value pegged to a...
Bitcoin News / Bitcoinist - 3 years ago
The massive potential and ability of blockchain, as well as stablecoins, have resulted in the growing awareness of the technology, and its continuous adoption attracts big firms and entities to utilize it. The latest notable adopter of blockchain tec...
Cryptocoins News / CoinJournal - 3 years ago
The Australian stablecoin will be called AUDN.
It will be backed one-for-one by the Australian dollar.
Users will be able to settle transactions using blockchain technology using the stablecoin.
Despite people within the stablecoin space being extr...
Cryptocoins News / The Cointelegraph - 3 years ago
This marks the second “Big Four” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy. National Australia Bank (NAB...
Bitcoin News / Bitcoinist - 3 years ago
The continuous growth of stablecoins and cryptocurrency worldwide in terms of recognition and usage has caught the attention of the Bank of America.
The second largest bank in the country, the bank’s analysts believe that crypto can revolutionize the...
Bitcoin News / Bitcoin.com - 3 years ago
Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker not...
Bitcoin News / Bitcoinist - 3 years ago
To better enable international transactions, the governments of Russia and Iran are reportedly considering working together to develop a new stablecoin.
Iran is working with the Russian government to create a “token of the Persian Gulf region...
Cryptocoins News / CoinJournal - 3 years ago
Iran and Russia are reportedly eyeing a new stablecoin for cross-border trade, including in the Astrakhan special economic zone.
The stablecoin will be backed by gold, according to local Russian media outlet Vedomosti.
Both Iran and Russia are under...