stablecoins Archives

MUFG to onboard Japanese banks on its stablecoin issuance platform

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11 June, 2023

MUFG to onboard Japanese banks on its stablecoin issuance platform

MUFG revealed that it would collaborate with blockchain infrastructure providers TOKI and Datachain to create a bridge to facilitate cross-chain...

Filipino fintech launches stablecoin targeting the unbanked and remittances

Business

Steve Kaaru

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8 June, 2023

Filipino fintech launches stablecoin targeting the unbanked and remittances

Launched by Smart Citi, it will be the second stablecoin in the Philippines and plans to tap the $36 billion...

Centbee integrates Centi’s stablecoin to power remittances to Africa

Business

Steve Kaaru

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5 June, 2023

Centbee integrates Centi’s stablecoin to power remittances to Africa

In one of the biggest announcements at the London Blockchain Conference, it was revealed that Centbee users can receive remittances...

Change Digital names Jimmy Nguyen as new chairman

Business

Jon Southurst

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24 May, 2023

Change Digital names Jimmy Nguyen as new chairman

Jimmy Nguyen takes on a new role as chairman of Change Digital Commerce with a vision centered on improving the...

Business

Steven Stradbrooke

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24 May, 2023

Binance commingled customer cash, corporate revenue, Reuters says

In its latest report, Reuters claims that Binance violated U.S. financial rules regarding the strict church-state separation of customer funds...

US House hearing on stablecoins highlights divided approach to regulation

Business

Jordan Atkins

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22 May, 2023

US House hearing on stablecoins highlights divided approach to regulation

The hearing is part of renewed attempts by lawmakers to reach a consensus on a bill that would address stablecoin...

G7 finance ministers renew support for digital asset monitoring, CBDC research

Business

Jon Southurst

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19 May, 2023

G7 finance ministers renew support for digital asset monitoring, CBDC research

G7 member nations reiterate that CBDCs could play a major role in maintaining a good financial system but, similar to...

Tether’s plan to blow billions in ‘profits’ on BTC questioned

Business

Steven Stradbrooke

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18 May, 2023

Tether’s plan to blow billions in ‘profits’ on BTC questioned

Tether announced that starting this month, it would “regularly allocate up to 15% of its net realized operating profits towards...

Business

James Field

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16 May, 2023

Binance exits Canada citing increased regulation

Binance joins fellow "crypto" exchanges Coinbase and Kraken in exiting the Canadian marketplace as the country tightens its regulatory muscle...

Tether attestation dressed up as an audit undressed by former SEC enforcer

Business

Steven Stradbrooke

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15 May, 2023

Tether attestation dressed up as an audit undressed by former SEC enforcer

Tether claims to have made nearly $1.5 billion in ‘net profit’ according to the latest Not An Audit™ by the...

Stablecoins and digital assets unlikely to replace central bank money: Moody’s

Business

Steve Kaaru

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9 May, 2023

Stablecoins and digital assets unlikely to replace central bank money: Moody’s

The author of Moody’s report tells CoinGeek that while stablecoins and Bitcoin are seeing rising adoption, the role of commercial...

European regulators mull digital euro, MiCA and stablecoins in new report

Business

Steve Kaaru

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3 May, 2023

European regulators mull digital euro, MiCA and stablecoins in new report

While the digital euro will boost financial inclusion, it has the risk of bank disintermediation; regulators say as they called...

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