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Stablecoins
Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities.
Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins
Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.
Warp Finance Suffers Possible $8M Flash Loan Attack
The scheme has become common in the fast-growing DeFi sector.
Nationalizing Stablecoins Won't Improve Financial Access
Proposals forcing stablecoin issuers to get banking licenses won't increase financial inclusion, as their proponents claim.
Global Stablecoins Could Eventually Become Reserve Currencies: IMF Paper
The IMF paper suggests the U.S. dollar's role as the dominant reserve currency is safe for now, but private digital currencies could come to compete in time.
OKCoin Debuts CeFi-DeFi Mashup With Portal for Stablecoin Deposits
OKCoin is allowing users to invest in decentralized finance (DeFi) applications through its site without paying gas fees.
SatoshiPay to Become First User of German Bank's Euro Stablecoin
Bankhaus von der Heydt partnered with Bitbond to launch its euro-backed stablecoin on Stellar last week.
OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers
The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers as well as to the firms themselves.
Women in Tech Say Proposed STABLE Act Harms Those It Claims to Protect
Women of color from the cryptocurrency industry are concerned the STABLE Act would make wealth disparities in the U.S. much worse.
Would the STABLE Act Make Running an Ethereum Node Illegal?
The STABLE Act regulating the burgeoning stablecoin industry is misplaced and overly broad, says our columnist.
