Stablecoins


Policy

Gold-Backed Stablecoin Can Help Russia Circumvent Sanctions, Government-Owned Bank Suggests

The U.S. wouldn't be able to touch a “crypto-golden” ruble, VEB bank researchers say.

Establishing a gold-backed stablecoin could help Russia get around sanctions, one report says. (Don Fontijn/Unsplash)

Videos

Is Bitcoin’s Bottom Finally In?

Martin Leinweber, digital asset product strategist at MV Index Solutions, discusses the “major bottom signals” he’s monitoring for bitcoin (BTC) including “super bearish” sentiment readings and wider negative sentiment in the “macro backdrop” of the economy. Plus, outlook for stablecoins and investment opportunities to watch.

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Policy

Las CBDCs y no las criptomonedas serán clave para el sistema monetario del futuro, según el BIS

Un capítulo de 42 páginas en el Reporte Económico Anual 2022 del Banco de Pagos Internacionales prevé un futuro en el que la programabilidad y la tokenización se construirán en base a las monedas digitales de los bancos centrales.

El BIS publicó un capítulo en su Informe Económico Anual que argumentaba que las CBDCs, y no las criptomonedas, impulsarían los sistemas monetarios globales. (Harold Cunningham/Getty)

Tech

Decoupling of Lido’s Staked ETH Differs From Stablecoin Collapse, CoinShares Says

Staked ether (stETH) will trade at a discount until withdrawals are enabled, the report said.

Lido's stETH adds liquidity to ether that has been staked. (Aditya Siva/Unsplash)

Policy

Luna Only Makes Bermuda Love Stablecoins More

Digital assets are the future, Bermuda Premier David Burt said during the Consensus 2022 conference. He’s not worried about his country being shut out by jurisdictions like the EU.

Bermuda Premier David Burt speaks at Consensus 2022 about how stablecoins will be regulated in his country. (Jack Schickler/CoinDesk)

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MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module

MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform.

(artpartner-images/The Image Bank/Getty)

Policy

Federal Reserve Board: Recent Market Turmoil Shows ‘Structural Fragilities’ of Crypto

The report is a preview of Fed Chair Jerome Powell's testimony in Congress next week.

Bankers are warning the Federal Reserve board about the dangers of launching a digital dollar, at a time when several new members were sworn in this week. (Drew Angerer/Getty Images)

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Crypto Lending Platforms 'Should Be Regulated': Former CFTC Chairman

“A lot of people have losses who didn't understand the risks they were taking,” Timothy Massad said on CoinDesk TV’s “First Mover.”

Timothy Massad (CoinDesk TV screenshot)

Videos

Lawmakers Say US Stablecoin Law Could Pass This Year

The U.S. could have a new federal law on stablecoins by the end of this year, lawmakers told attendees at Consensus 2022 in Austin, Texas. Sen. Pat Toomey (R-PA) is joined by Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY) and Rep. Patrick McHenry (R-NC).

Recent Videos

Policy

Congreso estadounidense podría aprobar ley de stablecoins este año, según legisladores

El colapso de terraUSD no ha hecho más que echar más leña al fuego para aquellos que dicen que el sector necesita claridad regulatoria, y rápido.

El senador Pat Toomey interviene en la conferencia Consensus 2022 en Austin, Texas. (Christian Barrett)