Stablecoin
-
South Korea Tightens Rules for Cryptocurrency Exchanges
Regulatory agencies in South Korea are to tighten compliance criteria for cryptocurrency firms. A recent report claimed that the licensed…
Read More » -
Argentina Sets New Regulatory Requirements for Crypto Exchanges
The President of the regulatory agency in Argentina recently noted that unlicensed crypto firms in the region will not be…
Read More » -
HSBC Unveils Tokenized Gold Targeting Hong Kong-based Retail Customers
HSBC is responding positively to the Hong Kong government’s call for public access to digital assets by unveiling tokenized gold…
Read More » -
Bitcoin Demand in Argentina Reaches Highest Point in 20 Months
Bitcoin continues to be one of the most in-demand digital currencies among investors in Argentina. The local fiat pesos have…
Read More » -
Crypto Exchange Liquidity: What Is It And How Does It Work?
Like the traditional financial system, maintaining healthy liquidity ensures optimum transaction flow. Hence, crypto trading platforms need adequate reserves for…
Read More » -
US Legislators to Enable Crypto Custodial Services for Banking Institutions
House Financial Services Committee recently passed a resolution to overturn the Staff Accounting Bulletin no. 121. The HFSC voted in…
Read More » -
Ethena Founder Downplays Concerns, Protocol Realizes 5% of Ether Perpetual Futures Open Interest
As per its data dashboard, the protocol issuing USDe digital dollar Ethena presently accounts for nearly 5% of the ether…
Read More » -
Circle Ends Support for USDC on Tron Network
On Wednesday, the second largest stablecoin issuer by daily trading volume, Circle, revealed plans to stop supporting USDC on the…
Read More » -
UN Investigates $3 Billion North Korean Cyberattacks on Cryptocurrency Firms
Cybersecurity analysts at the United Nations are set to publish a detailed report on crypto firms in February or March…
Read More » -
Crypto Criminals Face Life Imprisonment in South Korea
The lawmaking authorities of South Korea have imposed new regulations for criminals from the crypto sector. The new notification issued…
Read More » -
Terraform Labs CFO Han Chang-joon Extradited to South Korea for Legal Proceedings
Do Kwon, the CEO and co-founder of Terraform Labs, is set to travel to the USA to face charges brought…
Read More » -
South Korea’s Terraform Investigation Advances, Former CFO Extradited
Amid the investigation surrounding the dramatic collapse of Terraform Labs and its algorithmic stablecoin TerraUSD, Han Chang-joon, the company’s former…
Read More » -
JPMorgan Warns Against Tether’s Growing Dominance in the Crypto Sector
In a recent analysis, JPMorgan has voiced concerns over the increasing dominance of Tether (USDT) in the cryptocurrency market, suggesting…
Read More » -
Tether Announces Record $2.9 Billion Profit in Q4 2023, Excess Reserves Hit $5.4 Billion
Stablecoin issuer Tether has reported a record-breaking net profit of $2.9 billion in its Q4 2023 attestation report. Accompanying this…
Read More » -
Circle to Launch USDC on Celo Blockchain
Stablecoin issuer Circle is launching the USDC stablecoin on the Celo blockchain. The venture brings more utility to Celo and…
Read More » -
Hong Kong Sets 50% Insurance Requirement for Crypto Exchanges
The Securities and Futures Commission of Hong Kong (SFC) has introduced new policies for insurance coverage offered by cryptocurrency exchanges.…
Read More »