Tether market cap eyes record high after regaining 65% stablecoin dominance
The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.
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Circle exec to join US Congressional committee hearing on stablecoin payments, legislation
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”
U.S. Congress to introduce new draft bill for stablecoins
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have…
Crypto in Europe: Economist breaks down MiCA and future of stablecoins
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe.
Ripple, Montenegro sign deal on project for unspecified national digital currency
The deal, teased in January, could create a national digital currency for a country that now uses the euro.
Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an…
Int’l securities body IOSCO prepares crypto regulation report for 2023
The International Organization of Securities Commissions shared its vision of stablecoin arrangements, decentralized finance and “finfluencers.“
Tether supply hits $80B for the first time since May 2022 — stablecoin rivals stumble
Tether supply across cryptocurrency exchanges has dropped 28% in 2023, however, hinting at an overall decline in demand for stablecoins.
Japan pushes for friendlier environment for crypto with Web3 proposals
Japan’s Web3 project team released a white paper suggesting ways to expand the country’s crypto industry to establish a welcoming atmosphere for crypto.
ANZ bank completes Australian CBDC use case for carbon credit trading
The first Australian dollar-backed stablecoin was used with Australian CBDC support to trade carbon credits with Grollo Carbon Ventures.
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