The IOSCO board has released a report on stablecoin guidelines as they pertain to global regulations. The board of the International Organization of Commissions, or IOSCO, recently unveiled a write-up on stablecoins as they may overlap with current market regulations, including securities laws. Listing several other reports and touchpoints, the IOSCO board pointed toward stablecoin […]
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According to the Coin Metrics report, stablecoins’ transfer value hit an all-time high following the crypto bloodbath on March 12. Blockchain analysis company Coin Metrics has found that while Bitcoin (BTC) was experiencing its biggest daily drop in the last seven years, stablecoins reaped the benefits. Coin Metrics, which conducts analysis of various aspects of […]
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Huobi sits in second place. Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi. Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days, according to the […]
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Swiss crypto bank Sygnum has launched what it describes as the first CHF-backed stablecoin to be issued by a regulated financial institution. Pioneering Swiss crypto bank Sygnum unveiled a stablecoin pegged to the Swiss franc on March 20. Sygnum’s ‘DCHF’ “settlement token” is backed 1:1 by funds held with the Swiss National Bank. According to […]
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Uniswap announced the planned release of the second major version of the platform, which will feature a better price feed oracle while introducing a variant of the flash loan. The Uniswap decentralized exchange announced on March 23 a planned release of its second major version, Uniswap V2. Among the major features, the new platform will […]
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The Maker Foundation has rejected accusations that it has participated in its own recent debt auctions. MakerDAO (MKR) has denied accusations that the Maker Foundation placed the winning bids in all of its recent debt auctions. In a statement shared with Cointelegraph, the Maker Foundation states that it “is not purchasing MKR in the auctions.” […]
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Changpeng Zhao rejects claims that Bitcoin crashed because of the coronavirus, and debate rages on how closely BTC is correlated to the U.S. stock market. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions […]
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As Facebook’s Libra members flock to the competing Celo Alliance project, Cointelegraph unpacks its goals and specs to figure out why. Several members of the Facebook-backed Libra Project have announced their alliance with a rival stablecoin project known as Celo. Since the middle of March, members that have joined the Celo Alliance for Prosperity include, […]
Continue ReadingMost top performers of the past week show buying at strong support levels. If the rebound picks up strength, it might signal that a bottom is in place. The world is in a state of panic due to the coronavirus pandemic. People are fighting over toilet paper, which shows the extent of nervousness. At such […]
Continue ReadingCEO behind a new Aussie dollar stablecoin said finding a bank to hold the coin’s cash reserves was the biggest challenge. Australian blockchain firm, Chrono Tech, has been experiencing difficulties securing a banking partner amid the launch of an Australian dollar (AUD)-pegged stablecoin earlier this month. The AUD Token (AUDT), available on Chrono Tech’s platform, […]
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