Auto Added by WPeMatico

Fed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation

Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary.

Continue ReadingFed’s Quarles says regulators should show ‘constraint’ on stablecoins to avoid hampering innovation

Leading Supermarket Chain in Croatia Introduces Crypto Payments

Customers of the largest supermarket chain in Croatia will be able to pay with cryptocurrency for their orders in the retailer’s online shop. The company plans to soon offer the…

Continue ReadingLeading Supermarket Chain in Croatia Introduces Crypto Payments

Bank of America: The Metaverse Is a Massive Opportunity for The Crypto Industry

Haim Israel – a strategist at Bank of America – believes the metaverse will create huge opportunities for blockchain technology. It will also cause digital assets to start being employed…

Continue ReadingBank of America: The Metaverse Is a Massive Opportunity for The Crypto Industry

Kevin O’Leary’s Invests in Crypto Only After Discussions With Regulators

The prominent TV personality  – Kevin O’Leary – said he would not invest in cryptocurrencies before consulting with regulators first. To him, the space lacks clarity, and watchdogs are the…

Continue ReadingKevin O’Leary’s Invests in Crypto Only After Discussions With Regulators

Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume

A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is…

Continue ReadingStablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume

US Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers

U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant…

Continue ReadingUS Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers

Senate Banking Committee Wants Clarity on Stablecoins: Sends Letters to Tether, Coinbase, Circle

Senator Sherrod Brown appears to be keen on understanding how the process of stablecoin minting and redemption actually work. A comprehensive regulatory regime for stablecoin is the need of the…

Continue ReadingSenate Banking Committee Wants Clarity on Stablecoins: Sends Letters to Tether, Coinbase, Circle