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Stablecoin
Cryptocurrency Exchange FTX ‘Likely’ to Create a Stablecoin: Report
FTX CEO Sam Bankman-Fried told The Big Whale in an interview that the crypto exchange “is very likely" to create a stablecoin. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what kind of stablecoin it could be and the exchange’s moves in a bear market.
UK Stablecoin Rules Approved by Lawmaker Committee
Rishi Sunak’s government said it wants to 'tentatively seize' crypto opportunities as it prepares to widen the regulatory net.
Crypto Exchange FTX Is Working on Creating a Stablecoin: Report
FTX CEO Sam Bankman-Fried also ruled out a potential acquisition of popular trading app Robinhood.
La comunidad MakerDAO aprueba la propuesta de custodia de USDC de Coinbase
Hasta US$1600 millones en USD Coin serán custodiados con Coinbase Prime, donde se obtendrá una recompensa de 1,5%.
MakerDAO Community Approves Proposal to Place USDC in Coinbase's Custody Platform
Up to $1.6 billion in USD coin will be held with Coinbase Prime, where it will earn a 1.5% reward.
Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO's USDC, Analyst Says
A proposal to move the stablecoin assets was made by Coinbase in September and is nearing a final deadline.
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.
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.
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.
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.