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Stablecoin
Stablecoin Regulation Takes Center Stage at House Hearing Tuesday
The House Financial Services Committee is meeting to discuss stablecoin regulation Tuesday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what we can expect.
Japanese Trading House Mitsui to Launch Gold-Linked Cryptocurrency: Report
ZPG coin will also be used for digital payments, Nikkei Asia reported.
Diem Confirms Shutdown as Silvergate Acquires the Project’s Assets
CoinDesk’s Nikhilesh De weighs in on Silvergate Bank confirming Monday it’s purchasing the technology and other assets from Diem, the stablecoin project from Meta Platforms (formerly Facebook) announced as Libra in June 2019.
DeFi Users Fret ‘Contagion’ Risk Amid Possible Stablecoin Depegging
Can the collapse of one stablecoin bring down a string of others?
Mobile-First Blockchain Celo Launches Stablecoin Tied to Brazilian Real
As of Thursday, three Brazilian crypto exchanges will list the cREAL.
Diem to Sell Assets to Silvergate Bank for $200M: Report
The star-crossed project had been in discussions with investment bankers to sell its key assets and return money to investors.
Meta-Led Diem Now Considering Sale of Assets Amid Increasing Regulatory Pressure
The Diem Association, the Meta Platforms (formerly Facebook)-led group seeking to create a stablecoin, is allegedly considering selling the project's assets to return money to investors. This comes as regulatory pressures have stalled Diem since its conception in 2019. "The Hash" group reflects on Diem and the regulatory lessons to be learned.
Brian Brooks on Crypto Regulation: 'Why Do We Feel the Need for More Constraint vs. More Innovation?'
Brian Brooks, former Acting Comptroller of the Currency and current CEO of bitcoin mining firm Bitfury, discusses his views on the potential problems with an increased focus on U.S. stablecoin and crypto regulation from lawmakers. "Why can't we let the existing regulatory regime work?" Brooks said. "Why do we always feel the need for more constraint versus more innovation?" Plus, his take on Trump-era crypto policy and the energy impact of blockchains.
Palau Plans Stablecoin, LooksRare Takes on OpenSea
China’s Blockchain-based Services Network rolling out NFT infrastructure. Pacific Island nation of Palau plans to issue stablecoin. LooksRare makes explosive debut as OpenSea competitor. These stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
OCC Chief Hsu Says Regulation Could Boost Stablecoin Innovation
Hsu isn't the first watchdog to call for imposing bank-like regulations on stablecoin issuers.
