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02 Jun 23

Noble and Celestia partner to introduce native Cosmos stablecoin

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Noble and Celestia have announced their partnership to bring native stablecoin utility, notably Circle’s USDC, into the Cosmos ecosystem, a development expected to enhance liquidity and reduce volatility risks. In the DeFi landscape, the role of stablecoins as facilitators of liquidity […]

17 Apr 23

Bank of England to introduce new regulations for stablecoins

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank of England (BoE) is considering implementing restrictions on stablecoins for payments and developing new regulations to ensure financial stability, according to deputy governor Jon Cunliffe. The Bank of England (BoE) is considering imposing restrictions on stablecoins as a form […]

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07 Apr 23

DCG’s mining subsidiary to introduce access fees

Bitcoin (BTC) mining pool Foundry USA has reportedly notified its users of its plans to introduce service access fees. Its parent firm, Digital Currency Group, is one of the entities hit hard by Sam Bankman-Fried’s FTX collapse. Foundry USA, a leading New York-based bitcoin mining pool from the stables of the Digital Currency Group, has […]

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06 Apr 23

Bitstamp to introduce new lending product in Europe

Bitstamp has partnered with Tesseract to introduce a new crypto-lending service across specific European markets. Bitstamp is building a crypto-lending product to be tested in selected European countries, including France, Spain, Italy, and Ireland. Moreover, it will be expanded to Hong Kong and United Arab Emirates markets. The company’s CEO, Jean-Baptiste Graftieaux, said that the […]

03 Apr 23

FedNow program aims to introduce fully digital US currency

As the United States Federal Reserve (Fed) prepares to launch FedNow — arguably its wholesale central bank digital currency (CBDC) — many analysts and investors are closely watching the potential implications on the cryptocurrency market. According to a recent video by finance YouTuber Morris Invest, the FedNow program aims to replace paper currency with a […]

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21 Mar 23

Mastercard and Stables introduce first APAC stablecoin-only wallet

Stables, an Australian cryptocurrency wallet, has launched an innovative partnership with Mastercard to provide the first stablecoin-only wallet with a payment card for daily spending in Asia. Customers can exchange their stablecoins for U.S. dollars or other fiat currencies and use those funds everywhere Mastercard is accepted. This comes after Mastercard made several moves into blockchain technology. […]

13 Jan 23

House Republicans to introduce a new crypto subcommittee

During a session of Congress, the Republicans in the House of Representatives revealed plans to establish a new subcommittee that will only focus on cryptocurrencies. According to the house’s priorities, they want to prioritize the regulation and supervision of the failing industry. During an interview on Jan. 13, the incoming chair of the Financial Services […]