Stablecoin Regulation Urged by Bank Chief
CoinGape: Bank of England Governor Andrew Bailey calls for strict regulations on stablecoins, distinguishing them from $BTC, emphasizing their role in payments and need for oversight. #Update #Crypto (+3) →
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
CoinGape: Bank of England Governor Andrew Bailey calls for strict regulations on stablecoins, distinguishing them from $BTC, emphasizing their role in payments and need for oversight. #Update #Crypto (+3) →
$XRP hits $2.435, surpassing Tether with a $142B market cap and $4.01B trading volume, fluctuating between $2.41-$2.52, 27% below its peak. #Update #Crypto $XRP (+3) ↗ (Source: News.Bitcoin)
Chair Jerome Powell of the Federal Reserve supports a regulatory framework for stablecoins to protect consumers, emphasizing innovation and financial stability balance. #Update #Crypto (+3) ↗ (Source: CryptoBriefing)
Maxine Waters introduces a stablecoin regulation draft, assigning oversight to the OCC, Federal Reserve, and FDIC, amid bipartisan efforts in Congress. #Update #Legal (+3) → (Source: CoinGape)
The new president of the Central Bank of Brazil links rapid stablecoin growth to tax evasion and money laundering, citing cross-border payments as a key concern. #Update #Legal (+4) ↘ (Source: News.Bitcoin)
@Tether_to CEO Paolo Ardoino predicts quantum computing could recover lost $BTC wallets, potentially impacting market dynamics as old Bitcoins reenter circulation. #Update #Crypto $BTC (+3) ↗ (Source: Hodl.Press)
NewsBTC: @Tronfoundation’s network activity surges with USDT transactions nearing all-time highs after two $1B mints, driven by stablecoin and memecoin growth #Update #Crypto $TRX (+6) ↗
Bitcoin.com: @Tether_to partners with Reelly Tech to integrate $USDT into UAE real estate transactions, enabling over 30,000 agents to utilize stablecoins for efficient property deals. #Update #Crypto $USDT (+4) ↗
CoinGape: @Tether_to CEO Paolo Ardoino reaffirms USDT’s market dominance, highlighting its global distribution network and partnerships in emerging markets. #Update #Crypto $USDT (+3) ↗
DailyHodl: @Tether_to CEO Paolo Ardoino reveals AI projects, including an AI Bitcoin wallet assistant, emphasizing privacy and self-custodial features. Launch of AI SDK platform planned soon. #Update #Tech (+3) ↗
CoinGape: @Tether_to and Reelly Tech partner to integrate $USDT into UAE real estate transactions, enabling 30,000 agents to enhance transaction efficiency and security. #Update #Crypto $USDT (+6) ↗
CryptoSlate: Tether CEO Paolo Ardoino refutes blockchain development rumors, emphasizing AI innovation focus with privacy-centric applications on user devices. #Update #Crypto $USDT (+3) ↗
CoinGape: @Ripple’s RLUSD stablecoin is now tradable on @ZeroHashX and @RevolutApp, enhancing XRP’s ecosystem with cross-network transactions. #Update #Crypto $XRP (+4) ↗
NewsBTC: The US introduces the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, potentially impacting $USDT and $USDC with new regulations. #Update #Legal $USDC (+3) ↗