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Canada’s Blockchain Venture Capital Introduces the CUSD Stablecoin
Blockchain Venture Capital Inc. (BVCI), one of Canada’s biggest blockchain enterprises, expressed profound joy as it announced the addition of a new virtual currency to its increasing list: the...
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The Dai Stablecoin: The First Cryptocurrency Backed by Another Cryptocurrency...
Stablecoins, like Tether (USDT) or Facebook’s Libra, are a new sort of cryptocurrencies that differ from the rest by avoiding fluctuating prices which make even the popular cryptocurrencies, such as...
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US Congress Introduces Bill Classifying Facebook’s Libra a Security
On Thursday, US congress has introduced a bill that would classify Facebook’s cryptocurrency Libra as a security. The new proposed law is likely to bring up larger issues of regulation and inspection...
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Social Trading Platform eToro: Facebook Needs to Leave Stablecoins to Third...
eToro, the crypto-oriented social trading and brokerage provider, recently published a position paper that stated that in order to get a cryptocurrency project launched, Facebook should focus on...
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EU Council and Commission Say No to Stablecoins Until Regulation Is Clear
A truckload of risks and concerns still lurk around stablecoins, this supposed stable form of cryptocurrencies, leading to concerns in the EU and other countries. The EU council and Commission took...
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US Financial Stability Oversight Council: Stablecoins Are a Risk to the Economy
On December 4th, the financial regulator the Financial Stability Oversight Council (FSOC) published an annual report for the year 2019. The report mainly focuses on the popularity of stablecoins and...
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British Crypto Firm Saga Develops Libra-Esque Stablecoin SGA
Saga Monetary Solutions, a UK-based blockchain company, has come up with a daring plan to launch a stable digital currency (stablecoin) called Saga token (SGA) which will allow users to store and...
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Crypto Payment Provider BitPay Adds USDC, GUSD, Paxos; Tether Is Still Out
The crypto payment provider BitPay has enhanced its payment processing systems to include 3 more stablecoins which are Circle’s USD Coin (USDC)trade, Gemini Dollar (GUSD), and Paxos Standard Token...
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ECB President Calls for Clear Objectives of its Digital Currency by Next Year
The European Central Bank President, Christine Lagarde, addressed the ECB’s top brass, saying that the bank needs to outline the objectives of its upcoming cryptocurrency project before the...
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CFTC Chair Tarbert Lists Two Crypto Problems: Money Laundering & Terrorist...
Chairman of the United States Commodity Futures Trading Commission (CFTC), Heath Tarbert, recently discussed crypto at Harvard Kennedy School as part of a series of lectures that revolved around...
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