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SEC Chair Gensler: Stablecoins Are Poker Chips at the Casino Gaming Tables

David Ignatius of the Washington Post interviewed SEC chair, Gary Gensler, on the cryptocurrency landscape, his thoughts on his approach to regulating the crypto space. Gensler expresses optimism for the…

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U.S. Treasury Targets Stablecoins in Latest Regulatory Risk Assessment

As regulatory pressure mounts in the U.S., policymakers are putting stablecoins at the top of their agendas. Citing “people familiar with the matter,” Bloomberg has reported that officials are crafting…

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ECB President Christine Lagarde Insists Cryptos Are Not Currencies, Calls Them Highly Speculative, Suspicious

The president of the European Central Bank (ECB), Christine Lagarde, says cryptos are not currencies, adding that they are “highly speculative, suspicious occasionally, and high intensity in terms of energy…

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Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion

On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681…

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US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry

The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are…

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Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion

The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days…

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