Stablecoins
Crypto-Friendly Rishi Sunak Appointed UK Prime Minister Following Truss Exit
Rishi Sunak, who shepherded the U.K.’s new crypto ambitions during his time as finance minister, will be the country’s next prime minister following Liz Truss’ exit from office last week. Millicent Labs co-founder Kene Ezeji-Okoye discusses the move and what this means for crypto. Plus, his outlook for a digital pound and private stablecoins.
EU Stablecoin Caps Could Lighten or Get Tougher, French Official Warns
Limits on stablecoins denominated in currencies other than euros were among the most controversial elements of the European Union’s Markets in Crypto Assets law.
Anchorage Digital General Counsel on Stablecoin Regulation
Anchorage Digital General Counsel Georgia Quinn joins "First Mover" to discuss the lessons learned from the collapse of Terra and why consistent stablecoin regulation will bolster and upgrade the U.S. dollar for the digital age.
South Korean Regulator Plans to Look at Stablecoins' Role in Money Laundering: Report
The country's Financial Services Commission considers stablecoins to be highly susceptible to money laundering, according to a new report.
UK Minister Proposes Measures to Regulate Crypto Ads, Ban Unauthorized Providers
Andrew Griffith introduced the acts as amendments to an existing financial-services and markets bill.
Crypto Exchange Coinbase Waives Fees for Converting Between USDC and Fiat, Eyeing Global Audience
The company hopes the move will encourage wider global adoption of the stablecoin it helped invent.
Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief
Acting FDIC head Martin Gruenberg argues that stablecoins need to mesh with regulated banking as well as the Fed’s real-time payments system and any future U.S. CBDC.
Rep. Himes on US Crypto Regulation Outlook
As election season nears, Rep. Jim Himes (D-Conn.) joins "First Mover" live from I.D.E.A.S. 2022 in New York City to discuss the future of U.S. crypto regulations amid the market downturn and a brewing turf war between the SEC and CFTC. Plus, his take on CBDCs and stablecoins across the globe and why "there's room for both."
Bitcoin: la popularidad de futuros con margen en efectivo podría disminuir cascadas de liquidación
Los contratos con margen en efectivo son relativamente concisos y matemáticamente no convexos, lo que los hace más fáciles de entender para los inversores minoristas y más fáciles de liquidar para los exchanges, aseguró un trader de volatilidad.
Growing Popularity of Cash-Margined Bitcoin Futures Suggests Crypto 'Liquidation Cascades' Might Become Rare
Cash-margined contracts are relatively concise and not mathematically convex, making them easier for retail investors to understand and easier for exchanges to liquidate, one volatility trader said.