U.S. Federal Reserve chair Jerome Powell urged lawmakers to be cautious when regulating decentralized finance (DeFi) while speaking at a roundtable conference […]
Category: Stablecoin
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Australian central bank issues whitepaper for pilot of permissioned CBDC, eAUD
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The Reserve Bank of Australia (RBA) published a whitepaper for its pilot central bank digital currency (CBDC) on Sept. 26, entering the […]
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New York court orders Tether to provide documents on USDT reserve
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A New York court ordered Tether to provide financial records showing the backing for USDT. According to the order, Tether is to […]
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Largest Indian exchange WazirX to delist USDC spot pairs, Sept. 26
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India’s largest crypto exchange WazirX has announced that it’ll stop supporting USDC, USDP, and TUSD on Sept. 26 to “enhance liquidity and […]
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Australian senator releases draft bill to push for crypto regulation
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Australian liberal senator Andrew Bragg released a draft bill to provide regulation of stablecoins, digital asset exchanges, and disclosure requirements for the […]
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Old Mutual Wealth appointed to manage cash reserves of rand-backed stablecoin ZARP
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ZARP appointed South African financial services group Old Mutual Wealth to manage the cash reserves of its stablecoin, which is pegged to […]
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Tether USDT launches on NEAR as protocol launches $100M Web3 fund
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Stablecoin issuer Tether announced the successful integration of the USDT stablecoin on NEAR protocol. According to Tether, launching USDT on NEAR will […]
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Coinbase bankrolls Tornado Cash users’ lawsuit; Terra Classic makes 1,900% comeback led by community
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The biggest news in the cryptosphere for Sept. 8 includes Coinbase financing the lawsuit against the U.S. Treasury Department over Tornado Cash, […]
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Circle CEO says Binance decision to stop USDC support is good as it increases utility
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Circle CEO Jeremy Allaire said Binance’s decision to convert its users’ USD Coin (USDC) holdings to its Binance USD (BUSD)stablecoin is good. […]
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Russia to settle cross-border payments using stablecoins
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Deputy Finance Minister Alexey Moiseyev has confirmed that Russia is working with crypto-friendly countries to facilitate cross-border payments using stablecoins as sanctions from […]
About
Bobby Singh
Founder and CEO
luxuryledger.iototal.exchange
Fortune Magazine’s 40 under 40 for crypto nominee, Bobby is a visionary technologist building next-generation startups that provide positive impact in global commerce.
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