Tag: Stablecoin
Hong Kong Plans to Launch a Regulatory Sandbox for Stablecoin Issuers
Reading time: < 1 minuteThe Hong Kong Monetary Authority (HKMA) plans to create a regulatory sandbox for stablecoin issuers in the near future.
US Treasury Says Will Fight Cryptos’ Criminal Use
Reading time: < 1 minuteYellen says unsecured cryptocurrencies pose a specific danger to the stability of the financial industry.
Tether Reports $2.9B Profits in Q4 2023
Reading time: < 1 minuteTether achieved a record profit of $2.9 billion in the fourth quarter of 2023.
Circle to Launch USDC on Celo Blockchain
Reading time: < 1 minuteCircle has announced the launch of USDC on the Celo blockchain.
Donald Trump Reiterates Position Against Digital Dollar
Reading time: < 1 minuteFormer US President Donald Trump stated last week that he would terminate the implementation of a digital currency, known as CBDC, if he were to be elected into office again.
Circle Says USDC Addresses Conducted 595 Million Transactions Last Year
Reading time: < 1 minuteAccording to a report by Circle, the market capitalization of the stablecoin USD Coin (USDC) may have decreased in 2023.
Circle CEO: US Will Lead Stablecoin Regulation
Reading time: < 1 minuteAccording to Jeremy Allaire, the founder and CEO of Circle, there is a high likelihood of implementing global regulations for stablecoins in 2024.
Tether’s Market Cap Exceeds $95B
Reading time: < 1 minuteIn early January, Tether’s market supply was below $93 billion, but the company’s assets were valued at $95.2 billion.
UN: USDT is Popular in Money Laundering Schemes
Reading time: < 1 minuteUSDT has become a popular tool among scammers and money launderers, according to a report by the UN Office on Drugs and Crime.
Coinbase Plans to Expand USDC Access in Africa
Reading time: < 1 minuteCoinbase has joined forces with Africa’s Yellow Card to expand its reach and provide access to its products in 20 African countries.
