Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element.
The Bank of Israel also recommends a ban on algorithmic stablecoins if they become widely used for payments.
Requiring foreign entities that have already issued stablecoins to set up a Hong Kong entity might create complications.
Binance has announced that it will burn a large amount of altcoins after a restrictive decision from US regulators....
America's largest cryptocurrency exchange Coinbase has announced that it will list Euro Coin (EUROC), a euro-backed stablecoin in trading...
Klaas Knot, Chairman of the Financial Stability Board (FSB), made a statement about some altcoins in his announcement on...
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Timothy Massad, now a research fellow at Harvard’s Kennedy School of Government, said U.S. bank regulators have the ability...
NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with...
Tron founder Justin Sun transferred 300 million BUSD tokens from his Binance account to Paxos to withdraw nominally.
Coinbase says these altcoins are not securities against the SEC. Then guidance is important, not threats of lawsuits, they...
Recently, the focus of regulators seems to be on Bitcoin (BTC) and altcoin projects. Here are the details…
On-chain data showed that an institutional investor moved from this altcoin project. Here is the latest situation in the...
Altcoin investors are exiting BUSD for 'assurance' and turning to alternatives. Here is the latest situation in the altcoin...
U.S. regulatory efforts are likely to focus on stablecoin regulation, the report said.
Binance, the world's largest crypto exchange by trading volume, has seen net outflows of approximately $831 million in the...