Frax Finance to retire algorithmic backing amid stablecoin crackdown
The vote was passed to completely collateralize Frax Money's local stablecoin, subsequently getting rid of…
US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO
The "work has been finished" for stablecoin guideline in the U.S., however numerous in Washington…
Yield platform Stablegains sued for promoting UST as a ‘safe’ investment
The stablecoin yield stage is being sued for client misfortunes following openness to the Anchor…
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
In spite of the printing of $50 million in TUSD, Zhao recently said the administrative…
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Net surges at the digital money trade hit $788 million throughout recent hours, nonetheless, Binance…
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto monetary assistance Matrixport's head of exploration accepts controllers are not focusing on all stablecoins…
Stablecoin issuer Paxos reportedly probed by New York regulators
While the specific justification behind the examination hasn't been uncovered, it has been accounted for…
BIS to launch stablecoin monitoring project and up focus on CBDC experiments
The bank for national banks is growing its CBDC research while fostering a stage to…
Stablecoins and CBDCs might play ‘meaningful role’ in payments — Visa CEO
Visa started dealing with a blockchain interoperability project in September 2021 to help CBDC and…
USDC transfer volume hit 5X USDT’s in fallout from FTX collapse
In spite of the fact that it has a lot more modest market cap, on-chain…