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Stablecoins
New York Regulators Have Planted a Seed for Stablecoin Transparency
New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist.
UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe
There’s been at least a bit of delay in the framework thanks to recent resignations from Prime Minister Boris Johnson's government.
Crypto Winter Hits NFTs; 3AC Files for Bankruptcy
Monthly NFT sales fall below US$1 billion for the first time in a year. Three Arrows Capital files for Chapter 15 bankruptcy in the US. Sam Bankman-Fried's FTX doubles down on BlockFi bailout. Experts weigh in on the future of stablecoins. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Argentines Take Refuge in Stablecoins After Economy Minister Resignation
Major crypto exchanges reported consumers purchased up to three times as many stablecoins over the weekend as they usually do amid a growwing economic crisis.
Crypto World Is Cautious of Finer Details In EU's MiCA Law
Web3 advocates are cautiously welcoming Europe's new law, but must first resolve its paradoxes – like when is a non-fungible token fungible?
Biden Official Says US Government Could Pass Stablecoin Rules by End of Year
The President’s Working Group on Financial Markets discussed issues that should be addressed by stablecoin legislation in a meeting Thursday.
Stablecoins Could Still Dominate Post-Terra, S&P Says
Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.