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Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89

On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022.…

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Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules

Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins,…

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Monitoring Crypto Whales: Korean Regulators With New Legislation (Report)

South Korea’s top monetary regulator – the Financial Service Commission (FSC) – thinks cryptocurrencies and stablecoins could facilitate money-laundering activities. As such, it will reportedly closely monitor the actions of…

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Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam

According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems…

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