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Zuckerberg’s Diem reportedly weighing sale after stablecoin plans falter
It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets.
U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy
Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts.
USDC flips Tether on the Ethereum network
The total supply for USDC on Ethereum has surpassed that of Tether, putting USDT in second place on Ethereum for the first time.
Hong Kong begins discussions to introduce stablecoin regulatory framework
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and…
Central bank of Bahrain trials JPMorgan blockchain and token
Bahrain’s central bank initially announced the JPM Coin trial in May 2021.
PayPal reportedly confirms plans to explore the launch of a stablecoin
The development of an in-house stablecoin was first discovered in the source code of Paypal’s iPhone app by developer Steve Moser.
Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy
This week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion according to data. Over the last 30 days, tether’s market valuation grew by 5.6% and the…
Kevin O’Leary says his crypto holdings could reach 20% of portfolio
Clearer regulations around stablecoins could make crypto a more viable investment option, according to the Shark Tank star.
Frax Share, Swipe and Gnosis lead the altcoin market as Bitcoin recovers to $47.5k
Data from Cointelegraph Markets Pro shows FXS, SXP and GNO posting double-digit gains as BTC bulls look to recover support at $47,500.
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