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.
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"For cryptocurrency to grow and thrive ... we must provide more direction and certainty to the marketplace ...,” said Josh Gottheimer.
Inflows into the DeFi sector witnessed an uptick as the wider crypto market recovers and investor sentiment improves.
After many years of digital currency development, Japan’s largest bank MUFG has officially introduced its own stablecoin project.
Patrick McHenry implied that the U.S.' regulation of stablecoins with a “single regulator at the federal level” would likely fail.
Early information suggested that the stolen funds belonged to some of the early backers of the project and included team vested tokens.
Mitsui is reportedly planning to launch its gold-pegged stablecoin ahead of DCJPY, another major Japanese stablecoin project.
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…
It only took Libra/Diem two years to come full circle from publishing its white paper to falling apart.