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Stablecoins
UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending.
Three Crypto Regulatory Actions That Need to Be Taken, According to Messari's CEO
Messari Co-founder and CEO Ryan Selkis discusses his take on the crypto regulatory actions that the industry is lacking, which includes clarity on stablecoins, the CFTC's ownership over layer 1 blockchains, and the status of DeFi.
Acala Stablecoins Near $1 Peg After Community Burns 1.2B aUSD Minted by Exploiters
Developers said trace reports were underway to identify the transactions performed by the 16 wallet addresses connected to the exploit.
Polkadot Now Has a Decentralized Version of 'Wrapped' Bitcoin
Interlay introduces a decentralized and trustless wrapped bitcoin bridge for DeFi users on Polkadot who are wary of third-party custodians and merchants.
Chileans Take Refuge in Stablecoins Amid Economic Turmoil
Latin America's steadiest economy in the last three decades is suffering a slump. Locals are turning to crypto for protection.
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar
Stablesats lets people use Lightning for everyday payments without exposure to short-term volatility.
Singapore's Central Bank to Consult Public on Stablecoin Regulations
The MAS is reviewing rules to deal with the risks of stablecoins, the minister in charge of the bank said.
Why DeFi Giants Aave, Curve May Want Their Own Stablecoins
Stablecoins could drive users and revenue to platforms in a similar way that governance tokens did during the “DeFi Summer” of 2020.
