Stablecoin


Videos

Senator Toomey Introduces New Stablecoin Bill, SEC Approves BTC Spot ETF

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses a new bill introduced by Senator Pat Toomey regarding a joint effort on stablecoin regulation. Plus, a conversation about the SEC approving a new Bitcoin Spot ETF and the Treasury Secretary’s upcoming speech on cryptocurrency.

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Opinion

Waves Founder Blames Short Sellers for Its Woes. Here's Why That's a Red Flag

To longtime finance observers, blaming shorts often looks like the last desperate deflection of a project in denial about its failures.

The WAVES smart-contract ecosystem has hit a rough patch. Its attempt to stop short selling might not be a sustainable solution. (Gabe LHeureux/ Getty Images)

Policy

UK Aims to Become Global Crypto Hub, Exchequer Says

Among the initial steps will be legislation to recognize stablecoins as legitimate vehicles for payments.

U.K. flag blowing in the wind.

Policy

Newly Introduced Bill Aims to Bring Transparency to the Stablecoin Marketplace

The aptly-named “Stablecoin Transparency Act” would require issuers to report on their reserves.

Rep. Trey Hollingsworth (Al Drago/Bloomberg via Getty Images)

Videos

Crypto Markets React to $600M Axie Infinity Exploit

Charlotte Principato, Morning Consult financial services analyst, discusses the current state of the crypto markets following the $625 million exploit of Axie Infinity’s Ronin network. Plus, a conversation on the market impact of Luna Foundation Guard’s purchase of $272 million worth of bitcoin for its stablecoin reserves. 

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Markets

Bitcoin Holds Steady as Luna Foundation Guard Resumes Purchases

The organization, which splurged on the cryptocurrency last week, resumed buying BTC on Wednesday after a one-day hiatus, according to one observer.

LFG plans to raise $3 billion for its bitcoin reserve (Pixabay, modified by CoinDesk)

Markets

Tracking Luna Foundation Guard’s Bitcoin Purchases

Thanks to the transparency of Bitcoin, we can watch along as LFG moves UST towards a bitcoin-backed existence.

(Agence Olloweb/Unsplash)

Finance

Fintechs See Strongest Payments Challenge From Stablecoins and CBDCs, Not Bitcoin: Cowen

The team at Cowen recently held fireside chats with executives from PayPal and Visa, among others.

Close up of a woman's hand paying with her smartphone in a cafe, scan and pay a bill on a card machine making a quick and easy contactless payment. NFC technology, tap and go concept

Videos

What’s Driving Bitcoin’s Climb to Nearly $50K?

Josh Olszewicz of Valkyrie discusses several possible catalysts for BTC’s climb above $47,000, noting Terra’s $135 million in bitcoin purchase to back its stablecoin. Plus, a discussion about bitcoin’s price correlation with the S&P 500 index. 

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