Stablecoin


Policy

Bank of England Must Consider Private Stablecoins in Developing Digital Pound, Lobbyist Says

Adam Jackson addressed lawmakers on a committee that is weighing a bill that would regulate the coins.

The U.K. parliament is considering a bill to regulate stablecoins. (Pawel Libera/Getty Images)

Finance

Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year

The news comes alongside a Q3 earnings miss that's sending the stock lower by more than 20% on Tuesday.

Casa central de Silvergate Bank. (CoinDesk)

Videos

Rep. Himes: There's Room for Both CBDCs and Private Stablecoins

Rep. Jim Himes (D-Conn.) joins "First Mover" live from CoinDesk's I.D.E.A.S. in New York City to discuss his outlook on cryptocurrency regulation in the U.S. He says there's "room for both" a private stablecoin and a central bank digital currency (CBDC). Plus, he discusses the timeline of a U.S. CBDC.

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Videos

Tether Cuts Commercial Paper Holdings to Zero

Stablecoin issuer Tether has reduced its commercial paper holdings to zero, replacing those holdings with U.S. Treasury bills. "The Hash" discusses the latest in the world of stablecoins.

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Videos

Legal Firm Roche Freedman Removed From Class Action Against Tether, Bitfinex: Report

Law firm Roche Freedman was removed from representing the plaintiffs in a class action lawsuit against crypto exchange Bitfinex and stablecoin issuer Tether, which accused them of market manipulation, according to a Bloomberg report. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details and why a judge referred to what Roche Freedman did as "stupid."

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Policy

UK Finance Minister Kwarteng Fired

He will be replaced by former Foreign Minister Jeremy Hunt, who was once responsible for digital policy in the country.

New U.K. Finance Minister Jeremy Hunt (Chris J Ratcliffe/Getty Images)

Videos

Yellen Stresses Importance of Regulatory Framework for Digital Assets; Tether Cuts Commercial Paper Holdings to Zero

U.S. Treasury Secretary Janet Yellen reiterated the importance of building a regulatory framework for digital assets. Stablecoin issuer Tether reduced its commercial paper holdings to zero and replaced them with U.S. Treasury bills. Bankrupt crypto lender Voyager Digital's executives have included sweeping legal immunity for themselves in the proposed agreement for their assets to be sold to FTX.US for $1.4 billion.

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Finance

Stablecoin Issuer Tether Cuts Commercial Paper Holdings to Zero

The company has been gradually replacing its commercial paper holdings with U.S. Treasury bills.

Director de Tecnología de Tether, Paolo Ardoino, en la Blockchain Week de París en abril. (Bitfinex)

Videos

Fed's Barr: Regulators Should Use 'Range of Options' in Fintech

Federal Reserve Vice Chair for Supervision Michael Barr spoke at a DC Fintech Week event to a policy-focused crowd, noting that risk management is a key issue for regulators. “The range of options available for dealing with emerging technologies and those benefits are solid,” Barr said. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details. Plus, insights on negotiations over Congress’ leading stablecoin bill.

Recent Videos

Policy

Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins

After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year.

Rep. Patrick McHenry speaks at DC Fintech Week (Nikhilesh De/CoinDesk)