stablecoins | ForkLog

ForkLog 14 27.04.2023

EU emphasises need to diversify stablecoin reserves.

The forthcoming EU rules will place emphasis on the diversification of reserve backing for stablecoins, said José Manuel Campa, chair of the EBA.

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ForkLog 7 26.04.2023

Circle CEO attributes USDC’s decline in market capitalization to regulator actions

Regulatory actions against crypto firms have been the main factor behind the decline in {{AOPEN_1}}USDС{{ACLOSE_1}}'s market capitalization. In an interview with Bloomberg, Circle CEO Jeremy Allaire said.

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ForkLog 9 25.04.2023

US lawmakers propose stripping SEC of power over stablecoins

US House Republicans proposed amendments to the stablecoin bill that would strip the SEC of jurisdiction over this class of assets.

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ForkLog 8 21.04.2023

Crypto community criticises French bank’s release of a digital euro

On 20 April, the French bank Societe Generale-Forge (SGF) released a euro-backed stablecoin — EUR CoinVertible (EURCV), available only to qualified institutional clients.

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ForkLog 16 20.04.2023

Société Générale to launch euro-denominated Ethereum-based stablecoin

Société Générale's subsidiary Forge will launch the euro-denominated stablecoin CoinVertible on Ethereum.

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ForkLog 10 19.04.2023

US Congress criticises bill to regulate stablecoins

The US House of Representatives' Financial Services Committee held the first hearing of 2023 on a bipartisan bill to regulate stablecoin issuers.

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ForkLog 9 16.04.2023

US Congress introduces bill to regulate stablecoins

The US House of Representatives Financial Services Committee published a bill aimed at regulating stablecoin issuers.

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ForkLog 7 14.04.2023

Governor of the Bank of England calls for regulating stablecoins on a par with fiat

Stablecoins must meet the same rules as fiat, and proper supervision is necessary to ensure financial stability, according to Andrew Bailey, the Governor of the Bank of England.

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ForkLog 8 12.04.2023

Stellar CEO urges regulation of stablecoins to bolster the dollar

The U.S. dollar could come under significant pressure if this year regulators fail to begin regulating stablecoins, Stellar CEO Denelle Dixon said in an interview with Bloomberg.

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ForkLog 14 11.04.2023

USDC supply stabilises after Silicon Valley Bank collapse

Following a wave of USDC redemptions linked to the SVB collapse and the loss of dollar parity, the coin's supply slowed its decline.

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ForkLog 11 05.04.2023

BTG Pactual launches US-dollar-denominated stablecoin on Polygon

The Brazilian investment bank BTG Pactual presented the US-dollar-denominated stablecoin BTG Dol on the Polygon network.

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ForkLog 12 31.03.2023

Bank of England envisions coexistence of CBDC and cryptocurrencies

The Bank of England's Chief Digital Officer Katy Fortune said that in the future she envisions a mixed ecosystem of various forms of money, including CBDC and stablecoins.

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