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Культовый журнал о биткоине, технологии блокчейн и цифровой экономике. forklog hub Площадка для общения криптосообщества. Соединяем компании и пользователей.

#stablecoins

US Senate seeks details from stablecoin issuers on how their coins operate
ForkLog 15 24.11.2021

US Senate seeks details from stablecoin issuers on how their coins operate

The chair of the US Senate Banking Committee, Sherrod Brown, urged the leadership of Circle, Coinbase, Centre, Gemini, TrustToken and Binance.US to disclose information about their stablecoin-related business by December 3. Copies of the letters were obtained by The Block.
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Bank of America: Stablecoin Regulation as a Catalyst for Mass Adoption
ForkLog 8 23.11.2021

Bank of America: Stablecoin Regulation as a Catalyst for Mass Adoption

A US Treasury report on the risks of stablecoins is an 'indicator of urgency' for regulating 'stablecoins', given their potential to become a viable method of payment. Bank of America (BofA) shares this view, according to CoinDesk.
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Circle to launch stablecoin pegged to the Japanese yen
ForkLog 14 15.11.2021

Circle to launch stablecoin pegged to the Japanese yen

One of the operators of the USDC stablecoin, Circle, announced the launch of a stablecoin pegged to the Japanese yen through its venture arm Circle Ventures. As part of expanding its presence in Asia, the company will also open an office in Singapore, Bloomberg reports.
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Circle backs regulation of stablecoin issuers as banks
ForkLog 12 12.11.2021

Circle backs regulation of stablecoin issuers as banks

The USDC stablecoin operator Circle backed the Biden administration's plan to regulate stablecoin issuers as banking institutions, according to Yahoo Finance.
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Report: 55% of USDT issued in the interests of Alameda Research and Cumberland
ForkLog 17 12.11.2021

Report: 55% of USDT issued in the interests of Alameda Research and Cumberland

An equivalent of $60.3 billion, or almost 55% of Tether's (USDT) market value, was issued by its issuer between 2014 and October 2021 at the request of market makers Cumberland Global and the Sam Bankman-Fried-connected Alameda Research. Such calculations were reported by Protos analysts.
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Morgan Stanley forecasts banks will offer stablecoin deposits
ForkLog 10 08.11.2021

Morgan Stanley forecasts banks will offer stablecoin deposits

Banks will seek to profit from demand for stablecoin deposits as the market grows exponentially, according to a report by Morgan Stanley's top crypto strategist Shina Sho, cited by CoinDesk.
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Senators Split Over U.S. Treasury Report on Stablecoins
ForkLog 10 02.11.2021

Senators Split Over U.S. Treasury Report on Stablecoins

Three US senators — Sherrod Brown, Pat Toomey and Cynthia Lummis — published responses to the Treasury’s report on the risks associated with stablecoins. Their statements could form the basis for upcoming debates.
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U.S. Treasury releases report on stablecoin risks
ForkLog 19 01.11.2021

U.S. Treasury releases report on stablecoin risks

The U.S. Treasury released a report on risks related to stablecoins. The agency sees stablecoins as a threat to investors and market integrity, and called for strict regulatory restrictions.
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Congressmen propose exempting stablecoins and crypto-savings accounts from SEC oversight
ForkLog 20 29.10.2021

Congressmen propose exempting stablecoins and crypto-savings accounts from SEC oversight

A group of US congressmen has sent a letter to the SEC seeking relief from regulation of crypto-savings accounts and stablecoins.
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FDIC chair: US regulators shaping framework for banks' crypto activities
ForkLog 9 26.10.2021

FDIC chair: US regulators shaping framework for banks’ crypto activities

Elena McWilliams, head of the FDIC, said that American regulators are focused on creating 'clear guidance' regulating banks' interactions with the crypto industry.
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Media: SEC to regulate stablecoins in the United States
ForkLog 7 26.10.2021

Media: SEC to regulate stablecoins in the United States

The U.S. Securities and Exchange Commission (SEC) will gain authority to regulate stablecoins. The proposal appears in a report to be presented by the Presidential Working Group on Financial Markets, Bloomberg writes citing sources.
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Centre consortium launches USDC stablecoin on Hedera Hashgraph
ForkLog 18 18.10.2021

Centre consortium launches USDC stablecoin on Hedera Hashgraph

The Centre consortium behind USD Coin (USDC) has launched a stablecoin on the Hedera Hashgraph blockchain, according to the non-profit organization responsible for developing the network, the HBAR Foundation.
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