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Stablecoins
The UK Wants to Regulate Crypto: Here's What That Could Look Like
The government is set to reveal its regulatory package for crypto in the coming weeks.
BNY Mellon to Custody Assets Backing Circle's USDC Stablecoin
The relationship likely carries publicity upside for both financial brands.
Bitcoin’s Correlation to Meme Stocks Reaches Highest Level Since 2020
CoinDesk Markets Analyst Damanick Dantes discusses bitcoin’s strong correlation with meme stocks at its highest level since 2020, and what it reveals about the crypto markets. Plus, his bitcoin price outlook as the Luna Foundation Guard purchased over $270 million in BTC this week for its UST stablecoin reserves.
EU's MiCA Bill to Enter Next Phase of Negotiations on Thursday
The landmark Markets in Crypto Assets legislative framework will now be discussed between the European Parliament, Council and Commission.
Tracking Luna Foundation Guard’s Bitcoin Purchases
Thanks to the transparency of Bitcoin, we can watch along as LFG moves UST towards a bitcoin-backed existence.
Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency
With a plan to buy up $10 billion of BTC, Do Kwon’s UST stablecoin project may be fulfilling a prophecy by the late recipient of the first bitcoin transaction.
How Luna’s Plan to Buy $3B Worth of BTC Is Affecting the Market
As rumors circulate of the Luna Foundation Guard’s plan for a new BTC-backed UST stablecoin, Christine Lee presents on-chain data showing that $125 million worth of tether was moved out of a Gnosis safe address, along with another similar transaction to a Binance account. Lee discusses how Terraform Labs Co-founder Do Kwon’s plan to eventually purchase $10 billion in BTC could impact the crypto markets.
Securities Regulators Cast Doubt on DeFi's Decentralization Claims
International standard-setter IOSCO said its members will take coordinated action to control what it called significant risks of the emerging DeFi market.
‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation
Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters.
Acala, VCs Commit $250M for Polkadot DeFi Investments
The fund will back companies with use cases for Acala’s aUSD stablecoin.
