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The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades…
UST, one of the stablecoins of the Terra project, has become the largest stablecoin by market capitalization today, after having surpassed its Ethereum-based rival, DAI. UST is now the largest…
“If Congress does not enact legislation, the regulators will try to use what authority they have,” stated the U.S. Treasury official Nellie Liang.
"The Council recommends that state and federal regulators review available regulations and tools that could be applied to digital assets," says the FSOC.
Mastercard is taking a slow but steady approach to bridging the realm of fiat and cryptocurrencies.
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell.
Massachusetts Senator Elizabeth Warren is leading the charge against crypto once again. In a video posted on Dec. 15, she said that stablecoins pose risks to consumers and the economy…
He clarified that it's mostly fiat money stablecoins that bear the brunt of this regulatory scrutiny.