Stablecoin

Maker Wishes To Enable MKR Collateral To Be Used To Borrow Stablecoin DAI

Key Points: The DeFi protocol is in charge of the stablecoin DAI, and the creators want to create a new…

2 years ago

Canada Demands Crypto Exchanges Mandatory Pre-Registration Within 30 Days

Key Points: The Canadian government has implemented a new requirement for all cryptocurrency exchanges operating in the country to pre-register.…

2 years ago

Frax Finance Votes To Fully Collateralize Its $1 Billion Stablecoin

Key Points: According to a vote that was completed on Wednesday, the community of Frax Finance, a decentralized financial system…

2 years ago

Bank Of Israel Tightens Regulations With New Stablecoin Regulation Proposal

Key Points: The Bank of Israel has published regulatory rules for stablecoins, which follow regulatory guidelines on digital assets issued…

2 years ago

Euro Coin Stablecoin Backed By Euros Will Trade On Coinbase

Key Points: In areas where trading is permitted, Coinbase will support Euro Coin (EUROC), a stablecoin backed by the euro,…

2 years ago

After BUSD Was Suspended, The Stablecoin Landscape Is Changing More Interesting

Key Points: BUSD, the third largest stablecoin, which holds a lot of market share, has been dealt a heavy blow…

2 years ago

Paxos Burns Over $700 Million BUSD After 27 Hours Amid Legal Pressure

Key Points: Stablecoin issuer Paxos has burned more than $700 million in BUSD tokens since Monday. Paxos announced that it…

2 years ago

Competitor Circle Reported Paxos – BUSD Mistakes To New York Authorities

Key Points: Circle is said to have reported the mistakes of rival Paxos to New York authorities. The NYDFS February…

2 years ago

Stablecoins Seem To Be Under Threat After Regulators Focus On Paxos

Key Points: According to Aaron Kaplan, co-CEO of Prometheum Inc, stablecoins pose a systemic risk to the financial system if…

2 years ago

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