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Stablecoins
Stablecoin Bill Officially Delayed Past August, Rep Maxine Waters Says
The legislation that could establish U.S. regulations for stablecoins has formally been delayed until after the August congressional break, according to Rep. Maxine Waters (D-Calif.), the chairwoman of the House Financial Services Committee. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the latest timeline for the bill.
Tether Passes ‘Stress Test,’ Finds Stable Dollar Peg After Terra’s Collapse
Tether (USDT), one of the biggest stablecoins by market cap has found stability for the first time in over two months since the collapse of Terra’s algorithmic stablecoin terraUSD (UST).
House Committee to Vote on Stablecoin Legislation This Week
The U.S. House Committee on Financial Services is nearing a bipartisan agreement on a proposal to regulate stablecoins. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for stablecoins and the wider U.S. crypto regulatory landscape.
Circle's Cautious USDC Approach Has Paid Off, Despite Missteps
The USD stablecoin (USDC) issuer Circle reaffirmed its plans to go public later this year. Circle has adopted a more transparent and regulated approach in terms of USDC than its competition. "The Hash" hosts discuss the outlook for Circle and stablecoins at large.
Конгрессмен заявил, что законопроект о стейблкоинах T заставит всех эмитентов стать банками
Ожидается, что ключевое законодательство, которое может открыть путь правилам стейблкоинов, T будет соответствовать рекомендациям регулирующих органов настаивать на том, чтобы токены выпускали только банки.
Bitcoin Below $20,000; Voyager Refund Questions
Bitcoin price sinks below $20K ahead of U.S. CPI data. Voyager users to get back USD deposits; crypto refund plan uncertain. Celsius repays over $113 million in debt, recovers $122 million in collateral. Financial Stability Board highlights stablecoins in work on crypto regulation. Bank for International Settlements says cross-border payments key to CBDC development. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Crypto Winter Hits NFTs; 3AC Files for Bankruptcy
Monthly NFT sales fall below US$1 billion for the first time in a year. Three Arrows Capital files for Chapter 15 bankruptcy in the US. Sam Bankman-Fried's FTX doubles down on BlockFi bailout. Experts weigh in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
