Stablecoin
Stablecoin Decline: The Intricate Dance of Market Dynamics and Regulation
Unraveling the decline of stablecoins: what led to the dip and what the future holds for this cryptocurrency sector.
Fed Unveils New Regulatory Program for Cryptocurrency
The Federal Reserve is launching a new audit program to oversee the activities of banks in relation to cryptocurrencies, blockchain technology, and tech-based non-bank partnerships, with the aim of identifying and managing risks while promoting financial innovation.
Big Whales Accumulating Stablecoin: What Does This Mean for Bitcoin?
Bitcoin's drop to $30,000 is observed as an accumulation period for stablecoin whales; what does it mean for the Bitcoin price?
U.S. House Agriculture Committee Passes Bill to Clarify Cryptocurrency Regulations
The US House Agriculture Committee has given the green light to the 'Financial Innovation and Technology Act for the 21st Century', a move aimed at fostering innovation in the cryptocurrency sector by setting clear guidelines. However, the bipartisan Stablecoin Act did not make headway due to failed negotiations.
US Stablecoin Bill Sparks Heated Debate
The recent bill on stablecoins has successfully passed through the Financial Services Committee, but the discussions between the two major parties have hit a roadblock. The blame game is on, with each party pointing fingers at the other.
Fed Chief Powell Weighs In: The Stablecoin Scoop
In a recent speech at the US House of Representatives, Federal Reserve Chairman Jerome Powell touched upon the topic of stablecoins, stating that they are considered a form of currency. Powell emphasized that it would be an error to leave the Fed with a weak role in stablecoins, and also discussed the importance of having banks of different sizes in the system.