Europe’s MiCA framework will enforce new bank reserve requirements for stablecoin issuers, raising concerns about systemic risks and stability.
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Stablecoin Plunges 98% in 24 Hours, Sparks Rug Pull Allegations
Early on Oct. 26, the U.S. dollar value of Essence Finance’s decentralized stablecoin, CHI, plunged by more than 90% after rumors emerged that more than
Read moreUnsubstantiated Tether investigation report shakes crypto market
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations.
Read moreStablecoins and the dollar: Allies or adversaries in the new financial era?
As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the
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Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership
Read moreTether proposes boron-backed tokens to Turkey’s government
Turkey’s state-owned boron miner estimates the country has more than 70% of global reserves of borate minerals.
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