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Stablecoins
VanEck CEO on Why the Talk About 'Recession' May Begin Later in the Year
VanEck CEO Jan Van Eck shares why we may start talking about the word "recession" later in the year on "All About Bitcoin." He adds that while he continues to buy, the pessimistic view is that "financial markets in general will have trouble digesting [the Federal Reserve's] interest rate hikes." Plus, reaction to the Senate Banking Committee's stablecoin hearing and its impact on the markets.
Federal Judge Releases 'Razzlekhan,' Orders Other Bitfinex Hack Laundering Suspect to Remain in Jail
A federal judge has ordered Heather Morgan, one half of the couple accused of laundering 119,754 bitcoins (worth over $5 billion in today’s prices) of a 2016 Bitfinex hack, to remain in federal custody until trial. CoinDesk's Nikhilesh De discusses the latest development in the ongoing Bitfinex saga. Plus, what to expect from the upcoming Senate Banking Committee hearing on stablecoins.
US Rep. Josh Gottheimer Introduces Bill for Government-Backed Stablecoin Insurance
The bill would designate certain stablecoins as "qualified," making them redeemable on a one-to-one basis for U.S. dollars.
CBDCs Are Going to Disappoint
Central bank digital currencies will enter into a competitive field of payment solutions – including stablecoins.
Asset Manager Van Eck Says Stablecoins Should Be Treated as Investment Funds, Not Banks
Jan van Eck, the firm's CEO, argues against the position of government officials.
IMF Chief Touts Advantages of CBDCs Over ‘Unbacked Crypto Assets’ and Stablecoins
Kristalina Georgieva said Wednesday that well-designed CBDCs “can potentially offer more resilience, more safety, greater availability and lower costs” than private cryptocurrencies.
Stablecoin Regulation Takes Center Stage at House Hearing
The House of Representatives Committee on Financial Services is discussing stablecoins, seeking to better understand their possible risks and the potential regulatory framework that can best address them. “The Hash” panel discusses what we know so far.
Stablecoin Regulation Takes Center Stage at House Hearing Today
The House Financial Services Committee is meeting to discuss stablecoin regulation today. Here's what we can expect.
NY Fed: Stablecoins Are Not the Future of Payments
Researchers at the New York branch of the U.S. central bank think tokenized deposits are the better way to go.
