Binance vs SEC: Crypto Giant Faces Court Battle
Binance goes head-to-head with the SEC in court today, with the regulator pushing for a temporary restraining order against the exchange.
Category: Stablecoins
Stay informed on the latest stablecoin news, trends, and analysis. Stablecoins are cryptocurrencies designed to maintain a stable value relative to a specific asset or basket of assets, making them a potentially attractive option for investors and businesses looking for a stable store of value.
Banq, Subsidiary of Prime Trust, Files for Bankruptcy After Theft and Trade Secret Breach
Crypto custodian Prime Trust's subsidiary Banq files for bankruptcy, citing $17.72 million in assets against $5.4 million in liabilities and an unauthorized transfer of $17.5 million in assets by former officers.
New House Bill Exposes Flaws in Crypto Regulation & Tradfi Gets a Free Pass – Read Now!
Crypto legislation faces challenges in regulating without giving traditional securities a free pass, according to a draft bill by House Financial Services Committee Chair Patrick McHenry and Agriculture Committee Chair Glenn GT Thompson.
UK Crypto Industry Backs FCA’s Ban on Misleading Inflation Claims
Crypto industry members support FCA's proposal to stop promoting crypto as 'inflation resistant', citing lack of data and misleading investors.
New Stablecoin Bill Draft Marks Progress in U.S. Crypto Regulation
House Republicans draft new stablecoin bill with compromise from Democrats, potentially paving the way for U.S. regulation of crypto.
EU Makes Customer Identification Mandatory for Crypto Wallet Providers
EU's landmark crypto law, MiCA, is finally published in the Official Journal of the European Union, bringing in new licensing rules and financial requirements for stablecoin issuers.
EU Governments Push for Tough Restrictions on Crypto Capital
EU governments may treat unbacked crypto as the riskiest asset for lenders to hold, potentially making bitcoin and ether high-risk assets, according to an official leading talks on new legislation.
Circle Appoints Former CFTC Chairman as Chief Legal Officer for Global Expansion
Former CFTC Chairman Heath Tarbert joins Circle as Chief Legal Officer, guiding the stablecoin issuer's global expansion amidst shifting regulatory attitudes towards the crypto industry.
UK FCA Implements Tough Rules on Crypto Advertising
UK FCA proposes tough new rules for crypto advertising, including bans on incentives to invest and clear risk warnings. Crypto ownership in the UK doubled in 2022, making it essential to ensure firms provide fair and clear financial promotions.
Bitcoin Drops Below $26.5K Amid Exchange Concerns – What’s Next for the Crypto Market?
Bitcoin falls below $26.5K as crypto market fades amid Coinbase, Binance angst - read on to find out the latest updates and insights.
Global Battle Erupts Over Crypto Oversight as Stablecoin Regulation Sparks Controversy
Global battle over crypto oversight heats up as emerging economies call for tougher restrictions on stablecoins, while advanced economies appear more open to allowing and regulating them. Learn more about the potential stalling of global norms for stablecoins in CoinDesk's latest article.
Curve Finance Enables Staked Ether Holders to Mint crvUSD – Learn How
Curve Finance allows stETH holders to mint crvUSD, a decentralized stablecoin, using their tokens as collateral. The move was approved by 100% of Curve DAO community members, and could open up possibilities for new models in the decentralized finance ecosystem.
