Stablecoins
BIS Chief: Central Banks Are Best Sources of Trust in Money in a Digital Age
“The soul of money belongs neither to a Big Tech nor to an anonymous ledger," said Agustín Carstens.
FDIC Still Unclear if USDF Stablecoin Is FDIC-Insurable
It is “too early to be answering questions about whether or not stablecoins are FDIC insurable,” a spokesperson told CoinDesk.
Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain
The last time Tether froze an account was in late December.
The Urgent Need for Regulatory Clarity on Stablecoins
Regulatory attitudes around stablecoins center around three main points of debate, explains former U.S. Ambassador to China and U.S. Senator Max Baucus.
Why Brazilians Are Turning to Stablecoins Like Tether
Amid high inflation and a steady devaluation of the Brazilian real, locals tripled the traded volume of stablecoins in 2021.
US Banks Form Group to Offer USDF Stablecoin
Founding members of the USDF Consortium include New York Community Bank, FirstBank and Sterling National Bank.
Hong Kong Monetary Authority Issues Discussion Paper on Crypto Assets and Stablecoins
"We look forward to hearing the feedback from stakeholders and will draw up a risk-based, pragmatic and agile regulatory regime," HKMA Chief Executive Eddie Yue said.
CoinDesk Joins Court Case Seeking NY Attorney General Office’s Tether Documents
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to discuss CoinDesk’s involvement in a legal proceeding between the New York Attorney General’s office (NYAG) and Tether in pursuit of documents regarding the reserves backing $78.4 billion of stablecoins. De explains why this case matters to the public interest and what can be expected in the coming months.
