Browsing Tag
Stablecoin
1086 posts
SEC issues subpoena to PayPal over its PYUSD stablecoin
A spokesperson for PayPal confirmed to Reuters that the company had received a subpoena tied to its U.S.…
Circle to phase out consumer accounts, but business and Mint will remain
Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out.
UK’s FCA to authorize overseas stablecoin providers
The UK government has rolled out proposals on how to regulate fiat-backed stablecoins. Crypto companies that want to…
Deutsche Bank and Standard Chartered pilot SWIFT alternative for digital currencies
Deutsche Bank and Standard Chartered test Universal Digital Payments Network (UDPN) for digital currency transactions. UDPN connects blockchain…
Circle partners with Taiwan FamilyMart to push USDC adoption
The stablecoin issuer has also joined forces with BitoPro Crypto Exchange operator, BitoGroup. Circle Internet Financial has announced…
USDT’s Market Cap Soars Beyond $84b Amid Positive Crypto Market Sentiments
USDT’s market capitalization reaches a record $84 billion as the crypto rallies.
Tether plans to start publishing real-time reserve reports in 2024
Tether is planning to introduce real-time reserve data reporting by 2024. Tether currently updates its reserve data daily…
Federal Reserve governor dampens prospects for future CBDC
Federal Reserve Governor Michelle Bowman recently expressed skepticism about the unique benefits of a U.S. CBDC over other…
TrueCoin’s third-party vendor breach potentially leaks TUSD user data
TrueCoin’s internal systems were not impacted or accessed, and the company confirmed that the attack was an isolated…
TrueUSD customer data exposed in third-party security breach
TrueUSD client data, including names and blockchain wallet addresses, is exposed following a security breach involving a third-party…