The Hong Kong Monetary Authority has concluded its discussion paper on crypto-assets and stablecoins. The regulator has clarified that Hong Kong will not permit algorithmic stablecoins. ...
Montenegro has announced a partnership with Ripple to launch a pilot project to create the country’s first digital Stablecoin. Montenegro is a candidate country for EU...
The National Australia Bank has developed a stablecoin for carbon trading and overseas payments. AUDN will launch on Ethereum and Algorand. The National Australia Bank (NAB)...
The Polygon network observed a surge in stablecoin flow, impacting DeFi positively. The upcoming hardfork could reduce gas fees for users. The flow of stablecoins surged...
As per a recent report, Iran and Russia have begun working on gold-backed stablecoins. The stablecoin aims to replace fiat currencies such as the U.S. Dollar,...
Tether will be delisted from Crypto.com in Canada in adherence to the regulatory body’s directives in the country. Crypto.com will convert all USDT to USDC at...
The post-Brexit journey of the United Kingdom in 2023 will accelerate post its departure from EU’s payment and crypto regulations. The Financial Services and Markets Bill...
The central bank of Nigeria has released a report to examine the development of a regulatory framework for the potential use of stablecoins. The report also...
Outgoing Pennsylvania Senator Pat Toomey introduced the Stablecoin TRUST Act. Toomey has said that the FTX disaster was caused not by the operations of cryptocurrency, but...
The global market for fiat-referenced crypto assets increased 30-fold between the beginning of 2020 and mid-2022. The top three fiat-referenced crypto assets currently control 90% of...