US FDIC to Propose GENIUS Act Implementation Framework
The FDIC is moving forward on stablecoin regulations. Acting Chair Travis Hill told the House Financial Services Committee that the agency plans to issue a...
Tag : Stablecoins
PayPal’s Push Into Stablecoins Could Increase Profitability, Says Tether Co-Founder
PayPal’s stablecoin launch raises doubts about its innovation, with concerns it aims to boost profits by eliminating intermediaries, while its PYUSD currently lags in adoption...
Stablecoins and NFTs will be regulated by the UK
Stablecoins will be regulated and an NFT will be issued to promote the UK as a crypto-friendly IT centre. With the announcement of government monitoring...
Ways in Which Stablecoins are expected to Transform Business Endeavours
One factor that binds every entrepreneur around the world, especially if they are the aspiring ones, is the capital. Making arrangements for the seed money...
What Can We Expect From Stablecoins In The Future?
Stablecoins started to gain huge popularity in 2018 but this also means that skepticism started to surround them. Now, Libra stands out since it is...
US Federal Reserve: Stablecoins would stabilize finance
The US Federal Reserve has recently come with a new report regarding financial stability. The most surprising part of the original Financial Stability document is...
Binance will launch Venus to rival Facebook’s Libra as a Stablecoin
Binance will launch Venus to rival Facebook’s Libra as a Stablecoin Binance is the largest cryptocurrency exchange platform in the entire world. Now, the cryptocurrency...
Crypto exchange market maker Altonomy fetches $7 million funding
Crypto exchange market maker Altonomy fetches $7 million funding Singapore-based cryptocurrency asset management company, Altonomy, has been successful in raking in $7 million from a...
Singapore will put an end to Cryptocurrencies’ GST Taxation
Singapore will put an end to Cryptocurrencies’ GST Taxation According to the taxation agency of the Singaporean government, they would soon provide an additional benefit...
Cryptocurrency News | Cryptocurrency Sector Betting High Stakes on Future of Stablecoins
Since merchants started using Bitcoin and other cryptos as one of their remittances, they cited a crucial issue that is price instability. For instance, a...