Tag: stablecoins

BTC Opens at $16,570, ETH Joins Stablecoins in Recording Losses: First Monday of 2023

The primary Monday of 2023 didn't open with fairly the flicker for the crypto market. Bitcoin, on January 2, barely grew with a 0.13 p.c acquire. On the time of writing, BTC values...

Japan to elevate ban on foreign-issued stablecoins in 2023

Japan’s Monetary Service Company (FSA) will elevate the ban on the native distribution of overseas stablecoins like USD Coin (USDC) in 2023, Nikkei reported on Dec. 26.In line with the...

Binance sees the most important outflow of stablecoins in 24 hours

Crypto change Binance confronted the most important stablecoin (BUSD+USDT+USDC) outflows in 24 hours, amounting to $2.159 billion.Regardless of the current wipeout, Nansen estimates that Binance nonetheless holds $30 billion price...

Analyzing the present state of Ethereum, DeFi, stablecoins, NFTs post-FTX fallout

Worth drawdown from ATH2022 approaches year-end; it has been a historic 12 months for all asset courses because of the fast tightening of financial coverage worldwide and the energy of the U.S. greenback....

DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins By Cointelegraph

DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin...

Draft US stablecoin bill would ban new algo stablecoins for 2 years By Cointelegraph

Draft US stablecoin bill would ban new algo stablecoins for 2 years Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC)...

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