OCC Chief Says Stablecoins Need Common Standard
The acting chief of the Office of the Comptroller of the Currency has claimed that stablecoins should be given a common standard similar to the way that certain web practice...
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New Bill Could Grant SEC Control Over Certain Stablecoins
Congressman Tom Emmer (R-MN) has drafted a bill that could give the U.S. SEC limited jurisdiction over certain stablecoins. Bill Concerns Dividend-Paying Stablecoins A new draft bill from Emmer would...
Acting OCC comptroller calls for standards on stablecoins
According to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins.
ECB Member Pushes For Stricter Global Regulations on Cryptocurrencies
On April 25, Fabio Panetta, a member of the Executive Board of the European Central Bank (ECB), pushed for stricter regulations on cryptocurrencies to avoid any kind of “instability and…
Justin Sun Plans a Tron Stablecoin With $10 Billion of Crypto Collateral
Tron founder Justin Sun has announced plans to launch a decentralized algorithmic stablecoin called USDD on the TRON blockchain network. In an open letter on Thursday (April 21, 2022), Sun…
Terra’s UST flips BUSD to become third-largest stablecoin
UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar.
Circle to Apply for Crypto Bank Charter Soon: CEO Jeremy Allaire
Circle Internet Financial, the issuer of USDC stablecoin, is planning to apply for a crypto bank license in the US in the near future. According to co-founder and CEO Jeremy…
Tether Announces Launch of USDT on Kusama
Tether Operations Limited, the operator of Tether.io, has announced the launch of USDT on Polkadot’s canary network – Kusama. The company said the move will enable developers to compose trustless…
Bitcoin is Never Going to Zero, Says Shark Tank’s Kevin O’Leary
The Canadian businessman and a renowned TV personality – Kevin O’Leary – predicted that bitcoin’s valuation will never go to zero. According to him, the cryptocurrency is a store of…
What is crypto lending and how does it work?
The borrower and the lender are two distinct actors in the crypto lending transaction. Borrowers put up cryptocurrency as collateral to secure a loan from a lender.
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