Tag: stablecoin
A stablecoin is a common name for cryptocurrencies whose exchange rate is being stabilized, for example, by pegging quotes to regular currencies or commodities. Cryptocurrency rates are characterized by extremely high volatility.
SEC files charges against Terra (LUNA) creators Terraform Labs
The US Securities and Exchange Commission continues its campaign against crypto. The SEC files charges against Terra (LUNA) creators Terraform Labs (TFL). Its co-founder Do Kwon has faced hostility since May 2022
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Ripple technology becomes the base layer for these CBDCs and stablecoins – will the XRP price rise?
Stablecoins are a focus area for applications on the Ripple ledger, and several projects are currently underway. The island state of Palau in the Pacific also wants to use XRP
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USA: Presidential decree on cryptocurrencies is imminent
The executive order is intended to provide more clarity on the interpretation of crypto regulations and the role of different authorities. The main focus will be on evaluating the benefits
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Myanmar’s shadow government wants to use USDT tether stablecoin as its official currency
The National Unity Government of Myanmar (NUG) has announced the stablecoin tether (USDT) as the country’s official currency. It is intended to serve as a dollar substitute for domestic transactions. The
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Binance US to raise “a couple hundred million dollars” in pre-takeover funding
Binance US , the American subsidiary of the world’s largest cryptocurrency exchange, is approaching a pre-takeover funding round. According to Binance Global CEO Changpeng “CZ” Zhao, the affiliate is looking to
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Lark Davis mentions five cryptos that can surge by 10X before the year ends
Lark Davis, a popular Youtuber and crypto influencer has once again disclosed that upcoming projects of most cryptos in the coming weeks could be a catalyst to drive their prices to a
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Yearn Finance founder Cronje proposes Fixed Forex concept in DeFi
Andre Cronje, the founder of Yearn Finance DeFi aggregator, has introduced the Fixed Forex concept for incorporating foreign exchange mechanisms to DeFi. In a blog post dated July 25, Cronje
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European Commission Moves to Tighten Rules on Cryptocurrency Transfers
EU policymakers have proposed changes to EU rules to compel firms that Transfers Bitcoin and other cryptocurrencies to collect details of the sender and the recipient. The European Commission made such an announcement on
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