Stablecoins


Политика

US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source

The Treasury Department, in what may be its most important recommendation spurred by President Joe Biden’s executive order on crypto, will suggest how to move forward on a CBDC.

The U.S. Department of the Treasury hasn't yet held any cross-agency meetings to discuss the fallout of UST's struggles. (Jesse Hamilton/CoinDesk)

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Why Crypto Isn't a Tool for Protest in Argentina

The idea that growing stablecoin use can offer a solution to Argentina's persistent economic and political problems doesn't accord with reality, says Leah Callon-Butler after a recent visit.

Protesters in Buenos Aires, Argentina (Leah Callon-Butler/CoinDesk)

Финансы

Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks

While crypto "has all the same risks that we’re very familiar with from traditional finance,” its quirks need tailored solutions, Lael Brainard said.

Federal Reserve Governor Lael Brainard (Drew Angerer/Getty Images)

Политика

A Stablecoin Law May Not Happen This Year

It’s looking less likely that we’ll get stablecoin legislation in the U.S. this year.

(Thomas Winz/Getty Images)

Политика

US Bank Watchdog Says He’s Not Budging on Crypto Distrust

Michael Hsu, acting chief of the Office of the Comptroller of the Currency, is sticking to his guns on keeping most crypto activity out of the U.S. banking system.

Acting OCC chief Michael Hsu (Jesse Hamilton for CoinDesk)

Видео

Russia Reportedly Exploring Stablecoin Settlements; Poolin Suspends Withdrawals From Wallet Service

Russia is talking to several friendly countries about launching clearing platforms for cross-border settlements in stablecoins, according to a report from Russian news agency Tass. Bitcoin mining pool PoolinWallet is suspending all withdrawals as it tries to preserve assets and stabilize liquidity. Bitcoin may see another meteoric rally once the dormant supply metric has peaked.

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Финансы

Binance, Issuer of Third-Biggest Stablecoin, to Stop Supporting Larger Rival USDC

The action effectively removes the world's second-biggest stablecoin, USD coin, as a tradable asset on Binance's giant platform.

(Shutterstock)

Политика

House’s Stablecoin Bill May Face Fatal Delays for 2022 Progress

Internal plans to release a draft by this week were put off as the factions remain too far apart in negotiations, sources say.

Los intentos de la Cámara de Representantes de los Estados Unidos para controlar a las stablecoins podrían convertirse en un proyecto de ley. (Jesse Hamilton/CoinDesk)

Видео

Stablecoins and Regulators Need to Get Out of the Way: Market Strategist

Path Trading Partners co-founder & Chief Market Strategist Bob Iaccino discusses the technical pattern in the crypto markets. “Bitcoin is temporarily broken out, I see $26,000 in the short term.” Plus, his take on Tether and why he believes regulators need to “make up their minds and get out of the way.”

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Рынки

BofA: Crypto Buying Momentum Fades as Investors Weigh Bear Market Bounce, Recession Risk

The chance of a more hawkish Federal Reserve and the likelihood of interest rates staying higher for longer hasn't been fully priced into risky assets, the bank said.

Los inversores cripto están rotando hacia las criptomonedas estables en lugar de activos más volátiles. (Jan van der Wolf/Pexels)