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US lawmaker introduces bill for government-backed insurance of ‘qualified’ stablecoins
"For cryptocurrency to grow and thrive ... we must provide more direction and certainty to the marketplace ...,” said Josh Gottheimer.
DeFi flashes early revival signs as retail and institutional inflows trickle in
Inflows into the DeFi sector witnessed an uptick as the wider crypto market recovers and investor sentiment improves.
Top Japanese bank MUFG introduces new stablecoin platform
After many years of digital currency development, Japan’s largest bank MUFG has officially introduced its own stablecoin project.
US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets
Patrick McHenry implied that the U.S.' regulation of stablecoins with a “single regulator at the federal level” would likely fail.
Polygon stablecoin QiDAO exploited for $13M on Superfluid vested contract
Early information suggested that the stolen funds belonged to some of the early backers of the project and included team vested tokens.
New gold-based stablecoin by trading giant Mitsui reportedly on the way
Mitsui is reportedly planning to launch its gold-pegged stablecoin ahead of DCJPY, another major Japanese stablecoin project.
Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled…
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