The market capitalization of the world’s largest stablecoin received a boost despite facing regulatory threats in the United States.
Read more
Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in
Read more
Circle Intends to Become a Full-Reserve National Commercial Bank
Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties
Read moreCrypto Company Circle Seeks To Become Global Digital Currency Bank
The company behind the increasingly popular USDC stablecoin dreams big. Circle wants to leverage its know-how and good reputation to become “a global digital currency
Read more
The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of
Read more
SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to
Read more