Stablecoins
Morgan Stanley Says Tightening in the Crypto Market Has Paused
While the market cap of stablecoins, an indicator of crypto liquidity, has stopped falling, demand for leverage has yet to start recovering, the bank said.
Tether Swaps Accounting Firms, Says It Will Publish Monthly Attestation on Stablecoin Backing
BDO Italia will take over from MHA Cayman.
US Federal Reserve Minutes Show More Rate Hikes Coming, Concern About Stablecoin Risks
Bitcoin and other cryptocurrencies had little to no reaction to the central bank release.
UK Group to Test Stablecoin Payments, Provide Data to Bank of England
The Digital FMI Consortium, a group of private-sector companies, will start a pilot scheme in October and run it for a minimum of a year.
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.
