stablecoin
- Business
Hong Kong Central Bank Launches Regulatory Sandbox for Stablecoin Issuers
The Hong Kong Monetary Authority (HKMA) has initiated a regulatory sandbox to provide potential stablecoin issuers with a penalty-free environment…
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PayPal launches dollar-denominated stablecoin
Online payment giant launches redeemable coin 1:1 for US dollar The US-based payment giant PayPal launched a stablecoin, named PayPal…
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Stablecoin firm Tether to invest in renewable energy, Bitcoin mining in Uruguay
Company wants to ensure every Bitcoin mined leaves minimal ecological footprint, says chief technology officer Stablecoin firm Tether announced that…
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Binance leaves Canada due to strict crypto rules
Binance, one of the world’s largest cryptocurrency exchanges, announced that it is withdrawing from the Canadian market due to new…
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Investors pull around $6 billion out of Binance’s stablecoin
Binance’s stablecoin, Binance USD, has seen around $6 billion of outflows following a U.S. regulatory crackdown on the company that…
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Cryptocurrency growth fuels stablecoin demand, Fed governor says
Lael Brainard calls for strong stablecoin framework for risk management, governance Growth in the cryptocurrency ecosystem is fueling demand for…
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Global watchdogs agree rules for stablecoins like Facebook’s Libra
Central banks set out to regulate cross-border stablecoins like Facebook’s planned Libra with a common approach on Tuesday, saying more…
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