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Stablecoins
Fed’s Michael Barr: Crypto ‘Unlikely' to Grow Into Money Substitutes
Federal Reserve Vice Chair for Supervision Michael Barr spoke at a DC Fintech Week event, noting that crypto is "unlikely to grow into money substitutes and become a viable means to pay for transactions" due to the high volatility. Plus, he explains why stablecoins could post potential risks to financial stability.
Bitcoin and Beyond: The Future of Cryptocurrency Investing
Experts weigh in on the future of crypto as currency ahead of CoinDesk's I.D.E.A.S. conference.
'Comprehensive' International Crypto Rules Proposed by Influential Finance Watchdog
Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up.
Lawmakers Overwhelmingly Back EU's MiCA Crypto Law in Committee Vote
The landslide support paves the way for the landmark crypto licensing regulation to take effect in 2024.
Back to Square One? Circle's USDC Market Cap Drops Below $50B for First Time Since Terra's Collapse
USDC's utility has taken a hit in the wake of Binance's decision to consolidate order books and Circle's decision to freeze addresses associated with Tornado Cash.
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report.
Global Crypto Standards Due Next Week Could Test Regulators’ Tech Mantra
Financial-stability norms to be set out next week could seek to extend financial regulations to the crypto world - or could seek to go in a whole new direction.
EU Seals Text of Landmark Crypto Law MiCA, Fund Transfer Rules
Legal texts to license crypto firms and vet transactions were agreed to by national diplomats after political deals struck in June.
Andrew Yang, an Ex-US Presidential Candidate, Joins Web3 Platform Pool Data as Adviser
The data monetization platform is launching crypto-based market infrastructure, payments rails and consumer-ready app tools.
